Chapter 554

"You're stretching it a bit there. You say the Hou Family has made no economic contributions, yet Hou Jingjing is clearly a high-ranking executive in a state-owned company. Doesn't that count?"

Xu Li retorted.

Chen Fang shook his head and said, "No, a state-owned company is national property, not her private enterprise. Moreover, given the current trends, the monopoly of state-owned enterprises will eventually be broken. Even some will step towards shareholding reforms. Take Boiling Point Group for example; although the Guyang City State-owned Assets Supervision and Administration Commission holds the majority, it has become entirely marketized. Guan Xiaoxian isn't on a permanent contract, but he is still the key decision-maker of Boiling Point Group. Do you understand what I mean, Secretary Xu?"

"That makes sense, the future of state enterprises will be dominated by the market."

Xu Li hadn't yet spoken.

Xu Guan, on the other hand, nodded in agreement.