China's stock market is the outcome of the reform of SOEs and financial system. 中国股票市场的形成是中国股份制改革与金融体制改革相结合的产物。
We accelerated the reform to institute a stockholding system in SOEs, and a number of large companies and conglomerates with the ability to compete internationally were formed. 加快国有企业股份制改革，一批具有国际竞争力的大公司大企业集团发展壮大。
