Journals Higher Education



Published: 12 January 2017

360 Pages


ISBN: 9780190279523

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Sinews of Power

Politics of the State Grid Corporation of China

Xu Yi-chong

  • Challenges the general assumption that Chinese SOEs are no more than instruments of the Party-state, carrying out orders from the Party hierarchy
  • Argues that once given the autonomy and mandate to operate as profit-driven corporations, SGCC has been able to use its resources (financial, human and political) to push forward initiatives and strategies by taking advantage of the incentive structure of policies
  • Comprises the first detailed study of the State Grid Corporation of China, the world's largest utility company and the global 7th largest corporation
  • Sheds lights on how a government ministry of a vertically and horizontally integrated industry structure with very decentralized and inefficient operation transformed into a large modern corporation with 'a mind of its own'
  • Highlights the changing relationship between government and SOEs in China

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