SHANGHAI -- Chinese state-owned enterprises will invest 3 trillion yuan ($413.8 billion) over the next five years to upgrade their equipment, the government's supervisor for state assets said on Friday, as the country races to bolster its industrial supply chain as laid out in a key economic blueprint.
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A Chinese bullet train maintenance station in Xi'an. State-owned enterprises will invest 3 trillion yuan ($413.8 billion) on equipment upgrades over the next five years. © Reuters
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