China's SOE mixed-ownership reform is going smoothly as more than two thirds of them have been successfully carried out and completed by the end of 2017.

The State-owned Assets Supervision and Administration Commission said on Wednesday that the reform received nearly 340 billion yuan or 54 billion U.S. dollars investment from capital markets in 2017. The performance in the real estate sector is outstanding with nearly 90% of SOEs' reforms completed. Last year also saw big progress in the sectors of construction, telecommunication, and mining as around 80% of SOEs have completed their reforms. The SASAC said it will continue to implement the third patch of SOE mix-ownership reform with a total of 31 enterprises in 2018.