Under Li’s leadership, the number of central SOEs was reduced from nearly 200 to around 120 through strategic mergers, creating "national champions" in industries like oil, petrochemicals, railways, and aerospace. He believed that for SOEs to support the country's national security and livelihood, they had to be competitive on the world stage.
Li Rongrong retired in 2019, but his blueprint remains. When you see China Railway building a high-speed line in Indonesia, or when Sinopec posts a massive quarterly profit, you are seeing the shadow of Li’s reforms. li rongrong
: Li pushed for SOEs to adopt corporate governance structures similar to Western companies, including professional boards and performance-based evaluations. Under Li’s leadership, the number of central SOEs
The name "Li Rongrong" is shared by several contemporary researchers specializing in fields like energy economics , pharmacology , and chemical engineering . Rongrong Li - ScienceDirect.com When you see China Railway building a high-speed
One of Li’s most significant contributions is the application and refinement of LCA methodologies specifically for the textile and apparel sector.
