Abstract
An increasing number of top executives of China's giant state-owned enterprises (SOEs) have become provincial leaders through a scheme of cadre grooming by rotating their positions. Overall, SOE executives constitute a valuable pool of human resources from which the Chinese Communist Party (CCP) can draw upon to promote local economic development. These CEO-turned provincial leaders inject fresh blood into the CCP's cadre corps but they also provide the bridge for state intervention in the marketplace.
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