A list of State-owned enterprises for the fourth batch of mixed-ownership reform will be released soon, involving more areas, Xiao Yaqing, head of State-owned Assets Supervision and Administration Commission, told the National Business Daily on Wednesday, while attending the 2019 Boao Forum for Asia Annual Conference.

Mixed-ownership is key to SOE reform and must be expanded, deepened and insisted on, Xiao said at a sub-forum, noting, however, mixed-ownership is a way to reform but not the whole of it.

He stressed mixed-ownership reform as a means to spur innovation of enterprises. In line with different sectors and future development of enterprises, only those fitting in mixed-ownership reform will participate in the reform, Xiao said, adding that mixed-ownership reform is not only for scaling up, but also for further integration.