Transformation for State-owned Shanghai Media2014-04-01
Shanghai Media&Entertainment Group has officially transformed itself from a State-owned admini strative institution to a corporation and merged into a new media and entertainment conglomerate in partnership with Shanghai Media Group.

New central SOEs merger deal announced2013-01-07
China may speed up its pace of integrating central State-owned enterprises as it announced it will merge two central SOEs, reducing the total number of such companies to 116, the Securities Daily reported on Monday.