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The article focuses on the socialist market economy of China and how it functions to the effect of its industrial policies. Topics discussed include promoting its economic and trade relations with other World Trade Organization (WTO) members by China; decision-making power of state-owned enterprises on their operations and management; and industrial policies of China.

The article discusses ways to convert China's challenges into opportunities. These challenges include the economic restructuring in an unsettling international environment, concerns related to the Belt and Road Initiative, and the need to reform state-owned enterprises. The nation should compete globally within a system that sometimes privileges the larger over the small.

The author reflects on the advantage of the participation of state-owned enterprises (SOEs) in China on the Belt and Road Project to ensure its success. He explains the goal of the project particularly in advancing international cooperation by building major international corridors and deepen cooperation. The author also provides development of the project, which is anticipated to boost economic development.