Grasping the large, letting go of the small

The "grasping the large and letting the small go" policy (Chinese: 抓大放小; pinyin: Zhuā dà fàng xiǎo) was part of a wave of industrial reforms implemented by the government of the People's Republic of China in 1996. These reforms included efforts to corporatize state-owned enterprises (SOEs) and to downsize the state sector.

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