The job fairs noted above are organized by municipalities but involve private and state-owned enterprises, solidifying a trend that began several years ago.
For an economy that will need tens of billions of dollars in capital, there is a huge incentive for private and state-owned enterprises to clean up their acts, (see table).
The provincial government granted Zhejiang the exclusive right to construct and operate major highways in Zhejiang Province - which, as home mainly to township enterprises, private companies and foreign enterprises rather than rickety state-owned enterprises, enjoys a relatively healthy economy.
Trade lawyers and scholars are traveling around the country, advising state-owned and private enterprises and local government officials about the impact of WTO decisions and cases.
It analyses 85-90 per cent of the responses to the Final PMI from purchasing executives in more than 400 small, medium and large manufacturers, both state-owned and private enterprises.
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Higher borrowing costs deter private-sector companies, but do not discourage inefficient state-owned enterprises, because they are less bothered about their return on capital.
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Up to now, financing of China outbound deals have been dominated by cash-rich players, including private equity and sovereign wealth giants in addition to state-owned Enterprises.
In addition, FAI by private companies has outpaced that of state-owned enterprises for 17 consecutive months.
The existence of widespread shadow banking serving the private sector, however, indicates that state-owned enterprises have much easier access to credit.
In the components industry, as in many other industrial and consumer goods industries in China, there are hundreds, even thousands, of individual customers and competitors, which include state-owned companies, private companies and foreign invested enterprises.
But it also slimmed the payroll, sold several city-owned enterprises and put some services out to private tender.
Printing money to buy debt from government-sponsored enterprises ( Fannie Mae and Freddie Mac), which are now outright state-owned enterprises, is a far cry from making productive loans through a private banking system.
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State-run banks are often reluctant to lend to private companies that do not have the hard assets (such as land) or implicit government backing that State-Owned Enterprises (SOEs) enjoy.
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