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China is one of the countries with the most sorts of industrial products in the world,which conforms to the title of “the World's Factory”.Since 1978,the nation has gradually decreased its reliance on state-owned enterprises.However,they still account for 46 percent of China's industrial output,reducing from 77.6 percent 35 years ago.Nonetheless,in recent years Chinese government adopted the policies to support state-owned enterprises in sections which concern the national economic security.In 2003,China set up the State-owned Assets Supervision and Administration Commission to promote the development of state-owned economy.It is a regulator aiming at expanding and strengthening state-owned industrial enterprises.
