The coverage the state-run companies offer is truly a last resort.

The growing investments are a sharp contrast to the course being followed by many state-run companies.

Most sectors, notably heavy industry, remain in the hands of huge, state-run companies.

It was founded as a state-run company during the communist period on 27 December 1950.

Government offices, normally open on Saturday for half a day, closed early, as did many state-run companies and big businesses.

Collectively, the state-run companies still make up a huge chunk of the economy.

In fact, the state-run companies that once dominated here now make up, by many calculations, only a third of economic output.

The formerly state-run company appears to have benefited from private management, which took over in 2001.

Instead, they are likely to be diverted to state-run companies with good connections.

A director of a state-run company who hated the system but went along with it?