同濟大学 TONGJI UNIVERSITY From 1996 Through the Present Ownership composition of industrial output(above-scale industry),percent 1998 2004 SOEs and corporations controlled by the state 49.6 38.0 Joint-stock corporations 6.4 42.1 Foreign-invested enterprises 24.7 30.8 Collective enterprises 19.6 5.3 the statistical system began to change in 1998,only Information on "above- scale"firms were collected. the category of joint-stock companies (row 2)overlaps with that of state ownership(row1) 2003,SASAC was designated as the agency responsible for exercising the government's rights of ownership of nonfinancial firms 6 From 1996 Through the Present From 1996 Through the Present From 1996 Through the Present From 1996 Through the Present • the statistical system began to change in 1998, only information on "above- the statistical system began to change in 1998, only information on "above- the statistical system began to change in 1998, only information on "above- the statistical system began to change in 1998, only information on "above￾scale" firms were collected. scale" firms were collected. scale" firms were collected. scale" firms were collected. • the category of joint-stock companies (row 2) overlaps with that of state the category of joint-stock companies (row 2) overlaps with that of state the category of joint-stock companies (row 2) overlaps with that of state the category of joint-stock companies (row 2) overlaps with that of state ownership(row1) ownership(row1) ownership(row1) ownership(row1) • 2003，SASAC was designated as the agency responsible for exercising the SASAC was designated as the agency responsible for exercising the SASAC was designated as the agency responsible for exercising the SASAC was designated as the agency responsible for exercising the government government government government’s rights of ownership of non s rights of ownership of non s rights of ownership of non s rights of ownership of nonfinancial nancial nancial nancial firms