Controlled fuel prices seem largely driven by political considerations.The continued support of loss-making state-owned enterprises (SOEs) is also hard to justify.
THROUGH THE SMOG in Beijing's Financial Street you can see the glass-and-steel headquarters of many of China's giant state-owned-enterprises (SOEs).
Most SOEs are in fast-changing industries, and since last year China's government has made clear that it wants them to become more market-orientated and more competitive.
Were China, for example, to liberalise interest rates and capital flows without removing any of the SOEs' privileges, it might find that finance simply flows more freely to the same firms that already gobble up more than their fair share.
In theory, party members are supposed to get at least average grades.In competition for jobs at state-owned enterprises (SOEs), which are among the most coveted of all, a lack of party membership appears to be no bar.
Unsourced rumours are swirling of a forthcoming ban on state-owned enterprises (SOEs) buying Cisco telecoms equipment and IBM computer servers.
Officials say they plan to sell off as many SOEs as they can.
Mr Huang has described the rate of contribution of SOEs to government revenue in Chongqing as the highest anywhere in China.
Many in the regime believe the SOEs' growth has helped China's rise.
In the past decade, China has brought over 1,000 SOEs to market, and plans to list as many again in the decade ahead.
China's SOEs do not have to worry about founding families refusing to give up control, because they are owned by "the people", meaning the government.
