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MTL - Investment Life - Chapter 143
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For the state-owned enterprises in the late 1990s, there is a major event that cannot be ignored. The deepening of the state-owned enterprise reform in 1998, a series of policies aimed at large and small enterprises, reducing staff and increasing efficiency, and merging and integrating state-owned enterprises have been vigorous in China. Expand. To put it more bluntly, bankruptcy, laid-offs, and groupization have become the main theme of state-owned enterprises since 1998.
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