What is the gaizhi process?
A)Valuing assets according to their earnings
B)A state-owned enterprise and private enterprise entering a joint venture
C)An increase of profitability prior to sale
D)Acquisition of large firms by private organizations
E)Restructuring whereby small firms are leased or sold

Question

Quizplus · Accepted Answer

The gaizhi process refers to the restructuring of state-owned enterprises in China, where smaller firms are leased or sold to private entities.

What Is the Gaizhi Process