id	sid	tid	token	lemma	pos
fbem-7147	1	1	frontiers	frontier	NOUN
fbem-7147	1	2	in	in	ADP
fbem-7147	1	3	business	business	NOUN
fbem-7147	1	4	,	,	PUNCT
fbem-7147	1	5	economics	economic	NOUN
fbem-7147	1	6	and	and	CCONJ
fbem-7147	1	7	management	management	NOUN
fbem-7147	1	8	issn	issn	PROPN
fbem-7147	1	9	:	:	PUNCT
fbem-7147	1	10	2766	2766	NUM
fbem-7147	1	11	-	-	PUNCT
fbem-7147	1	12	824x	824x	NUM
fbem-7147	1	13	|	|	ADJ
fbem-7147	1	14	vol	vol	NOUN
fbem-7147	1	15	.	.	PROPN
fbem-7147	1	16	8	8	NUM
fbem-7147	1	17	,	,	PUNCT
fbem-7147	1	18	no	no	INTJ
fbem-7147	1	19	.	.	NOUN
fbem-7147	1	20	2	2	NUM
fbem-7147	1	21	,	,	PUNCT
fbem-7147	1	22	2023	2023	NUM
fbem-7147	1	23	185	185	NUM
fbem-7147	1	24	analysis	analysis	NOUN
fbem-7147	1	25	of	of	ADP
fbem-7147	1	26	china	china	PROPN
fbem-7147	1	27	unicom	unicom	PROPN
fbem-7147	1	28	corporate	corporate	ADJ
fbem-7147	1	29	governance	governance	NOUN
fbem-7147	1	30	problems	problem	NOUN
fbem-7147	1	31	and	and	CCONJ
fbem-7147	1	32	solutions	solution	NOUN
fbem-7147	1	33	liqi	liqi	PROPN
fbem-7147	1	34	wang1	wang1	PROPN
fbem-7147	1	35	,	,	PUNCT
fbem-7147	1	36	a	a	DET
fbem-7147	1	37	1mba	1mba	NUM
fbem-7147	1	38	,	,	PUNCT
fbem-7147	1	39	graduate	graduate	NOUN
fbem-7147	1	40	school	school	NOUN
fbem-7147	1	41	,	,	PUNCT
fbem-7147	1	42	siam	siam	PROPN
fbem-7147	1	43	university	university	PROPN
fbem-7147	1	44	,	,	PUNCT
fbem-7147	1	45	bangkok	bangkok	PROPN
fbem-7147	1	46	,	,	PUNCT
fbem-7147	1	47	thailand	thailand	PROPN
fbem-7147	1	48	ae	ae	PROPN
fbem-7147	1	49	-	-	NOUN
fbem-7147	1	50	mail	mail	NOUN
fbem-7147	1	51	:	:	PUNCT
fbem-7147	1	52	714250749@qq.com	714250749@qq.com	NUM
fbem-7147	1	53	abstract	abstract	NOUN
fbem-7147	1	54	:	:	PUNCT
fbem-7147	1	55	tian	tian	ADJ
fbem-7147	1	56	guoqiang	guoqiang	PROPN
fbem-7147	1	57	,	,	PUNCT
fbem-7147	1	58	an	an	DET
fbem-7147	1	59	economist	economist	NOUN
fbem-7147	1	60	,	,	PUNCT
fbem-7147	1	61	pointed	point	VERB
fbem-7147	1	62	out	out	ADP
fbem-7147	1	63	that	that	SCONJ
fbem-7147	1	64	"	"	PUNCT
fbem-7147	1	65	the	the	DET
fbem-7147	1	66	mixed	mixed	ADJ
fbem-7147	1	67	ownership	ownership	NOUN
fbem-7147	1	68	economy	economy	NOUN
fbem-7147	1	69	with	with	ADP
fbem-7147	1	70	cross	cross	NOUN
fbem-7147	1	71	-	-	ADJ
fbem-7147	1	72	shareholding	shareholding	ADJ
fbem-7147	1	73	and	and	CCONJ
fbem-7147	1	74	mutual	mutual	ADJ
fbem-7147	1	75	integration	integration	NOUN
fbem-7147	1	76	of	of	ADP
fbem-7147	1	77	state	state	NOUN
fbem-7147	1	78	-	-	PUNCT
fbem-7147	1	79	owned	own	VERB
fbem-7147	1	80	capital	capital	NOUN
fbem-7147	1	81	,	,	PUNCT
fbem-7147	1	82	collective	collective	ADJ
fbem-7147	1	83	capital	capital	NOUN
fbem-7147	1	84	and	and	CCONJ
fbem-7147	1	85	private	private	ADJ
fbem-7147	1	86	capital	capital	NOUN
fbem-7147	1	87	is	be	AUX
fbem-7147	1	88	an	an	DET
fbem-7147	1	89	important	important	ADJ
fbem-7147	1	90	form	form	NOUN
fbem-7147	1	91	of	of	ADP
fbem-7147	1	92	realizing	realize	VERB
fbem-7147	1	93	the	the	DET
fbem-7147	1	94	basic	basic	ADJ
fbem-7147	1	95	economic	economic	ADJ
fbem-7147	1	96	system	system	NOUN
fbem-7147	1	97	.	.	PUNCT
fbem-7147	2	1	“	"	PUNCT
fbem-7147	2	2	the	the	DET
fbem-7147	2	3	implementation	implementation	NOUN
fbem-7147	2	4	of	of	ADP
fbem-7147	2	5	mixed	mixed	ADJ
fbem-7147	2	6	ownership	ownership	NOUN
fbem-7147	2	7	is	be	AUX
fbem-7147	2	8	conducive	conducive	ADJ
fbem-7147	2	9	to	to	ADP
fbem-7147	2	10	expanding	expand	VERB
fbem-7147	2	11	the	the	DET
fbem-7147	2	12	functions	function	NOUN
fbem-7147	2	13	of	of	ADP
fbem-7147	2	14	state	state	NOUN
fbem-7147	2	15	-	-	PUNCT
fbem-7147	2	16	owned	own	VERB
fbem-7147	2	17	capital	capital	NOUN
fbem-7147	2	18	,	,	PUNCT
fbem-7147	2	19	maintaining	maintain	VERB
fbem-7147	2	20	and	and	CCONJ
fbem-7147	2	21	increasing	increase	VERB
fbem-7147	2	22	its	its	PRON
fbem-7147	2	23	value	value	NOUN
fbem-7147	2	24	,	,	PUNCT
fbem-7147	2	25	improving	improve	VERB
fbem-7147	2	26	its	its	PRON
fbem-7147	2	27	competitiveness	competitiveness	NOUN
fbem-7147	2	28	,	,	PUNCT
fbem-7147	2	29	and	and	CCONJ
fbem-7147	2	30	helping	help	VERB
fbem-7147	2	31	all	all	DET
fbem-7147	2	32	kinds	kind	NOUN
fbem-7147	2	33	of	of	ADP
fbem-7147	2	34	ownership	ownership	NOUN
fbem-7147	2	35	capital	capital	NOUN
fbem-7147	2	36	learn	learn	VERB
fbem-7147	2	37	from	from	ADP
fbem-7147	2	38	each	each	DET
fbem-7147	2	39	other	other	ADJ
fbem-7147	2	40	,	,	PUNCT
fbem-7147	2	41	promote	promote	VERB
fbem-7147	2	42	each	each	DET
fbem-7147	2	43	other	other	ADJ
fbem-7147	2	44	and	and	CCONJ
fbem-7147	2	45	develop	develop	VERB
fbem-7147	2	46	together	together	ADV
fbem-7147	2	47	(	(	PUNCT
fbem-7147	2	48	tian	tian	ADJ
fbem-7147	2	49	,	,	PUNCT
fbem-7147	2	50	2005	2005	NUM
fbem-7147	2	51	)	)	PUNCT
fbem-7147	2	52	.	.	PUNCT
fbem-7147	3	1	this	this	PRON
fbem-7147	3	2	shows	show	VERB
fbem-7147	3	3	that	that	SCONJ
fbem-7147	3	4	china	china	PROPN
fbem-7147	3	5	has	have	AUX
fbem-7147	3	6	taken	take	VERB
fbem-7147	3	7	a	a	DET
fbem-7147	3	8	big	big	ADJ
fbem-7147	3	9	step	step	NOUN
fbem-7147	3	10	in	in	ADP
fbem-7147	3	11	the	the	DET
fbem-7147	3	12	reform	reform	NOUN
fbem-7147	3	13	of	of	ADP
fbem-7147	3	14	mixed	mixed	ADJ
fbem-7147	3	15	ownership	ownership	NOUN
fbem-7147	3	16	with	with	ADP
fbem-7147	3	17	mixed	mixed	ADJ
fbem-7147	3	18	ownership	ownership	NOUN
fbem-7147	3	19	enterprises	enterprise	NOUN
fbem-7147	3	20	as	as	ADP
fbem-7147	3	21	the	the	DET
fbem-7147	3	22	main	main	ADJ
fbem-7147	3	23	body	body	NOUN
fbem-7147	3	24	.	.	PUNCT
fbem-7147	4	1	in	in	ADP
fbem-7147	4	2	enterprise	enterprise	NOUN
fbem-7147	4	3	management	management	NOUN
fbem-7147	4	4	,	,	PUNCT
fbem-7147	4	5	corporate	corporate	ADJ
fbem-7147	4	6	governance	governance	NOUN
fbem-7147	4	7	determines	determine	VERB
fbem-7147	4	8	the	the	DET
fbem-7147	4	9	long	long	ADJ
fbem-7147	4	10	-	-	PUNCT
fbem-7147	4	11	term	term	NOUN
fbem-7147	4	12	development	development	NOUN
fbem-7147	4	13	plan	plan	NOUN
fbem-7147	4	14	and	and	CCONJ
fbem-7147	4	15	strategic	strategic	ADJ
fbem-7147	4	16	direction	direction	NOUN
fbem-7147	4	17	of	of	ADP
fbem-7147	4	18	enterprises	enterprise	NOUN
fbem-7147	4	19	.	.	PUNCT
fbem-7147	5	1	therefore	therefore	ADV
fbem-7147	5	2	,	,	PUNCT
fbem-7147	5	3	the	the	DET
fbem-7147	5	4	reform	reform	NOUN
fbem-7147	5	5	of	of	ADP
fbem-7147	5	6	corporate	corporate	ADJ
fbem-7147	5	7	governance	governance	NOUN
fbem-7147	5	8	structure	structure	NOUN
fbem-7147	5	9	of	of	ADP
fbem-7147	5	10	mixed	mixed	ADJ
fbem-7147	5	11	ownership	ownership	NOUN
fbem-7147	5	12	enterprises	enterprise	NOUN
fbem-7147	5	13	is	be	AUX
fbem-7147	5	14	of	of	ADP
fbem-7147	5	15	great	great	ADJ
fbem-7147	5	16	significance	significance	NOUN
fbem-7147	5	17	to	to	PART
fbem-7147	5	18	deepen	deepen	VERB
fbem-7147	5	19	the	the	DET
fbem-7147	5	20	reform	reform	NOUN
fbem-7147	5	21	of	of	ADP
fbem-7147	5	22	mixed	mixed	ADJ
fbem-7147	5	23	ownership	ownership	NOUN
fbem-7147	5	24	and	and	CCONJ
fbem-7147	5	25	the	the	DET
fbem-7147	5	26	related	related	ADJ
fbem-7147	5	27	development	development	NOUN
fbem-7147	5	28	of	of	ADP
fbem-7147	5	29	china	china	PROPN
fbem-7147	5	30	's	's	PART
fbem-7147	5	31	economic	economic	ADJ
fbem-7147	5	32	field	field	NOUN
fbem-7147	5	33	(	(	PUNCT
fbem-7147	5	34	tian	tian	ADJ
fbem-7147	5	35	,	,	PUNCT
fbem-7147	5	36	2005).the	2005).the	PRON
fbem-7147	5	37	purpose	purpose	NOUN
fbem-7147	5	38	of	of	ADP
fbem-7147	5	39	this	this	DET
fbem-7147	5	40	paper	paper	NOUN
fbem-7147	5	41	is	be	AUX
fbem-7147	5	42	to	to	PART
fbem-7147	5	43	explore	explore	VERB
fbem-7147	5	44	the	the	DET
fbem-7147	5	45	establishment	establishment	NOUN
fbem-7147	5	46	of	of	ADP
fbem-7147	5	47	corporate	corporate	ADJ
fbem-7147	5	48	governance	governance	NOUN
fbem-7147	5	49	framework	framework	NOUN
fbem-7147	5	50	of	of	ADP
fbem-7147	5	51	mixed	mixed	ADJ
fbem-7147	5	52	ownership	ownership	NOUN
fbem-7147	5	53	enterprises	enterprise	NOUN
fbem-7147	5	54	under	under	ADP
fbem-7147	5	55	china	china	PROPN
fbem-7147	5	56	's	's	PART
fbem-7147	5	57	national	national	ADJ
fbem-7147	5	58	conditions	condition	NOUN
fbem-7147	5	59	,	,	PUNCT
fbem-7147	5	60	analyze	analyze	VERB
fbem-7147	5	61	the	the	DET
fbem-7147	5	62	existing	exist	VERB
fbem-7147	5	63	problems	problem	NOUN
fbem-7147	5	64	of	of	ADP
fbem-7147	5	65	china	china	PROPN
fbem-7147	5	66	unicom	unicom	PROPN
fbem-7147	5	67	,	,	PUNCT
fbem-7147	5	68	such	such	ADJ
fbem-7147	5	69	as	as	ADP
fbem-7147	5	70	the	the	DET
fbem-7147	5	71	imperfect	imperfect	ADJ
fbem-7147	5	72	structure	structure	NOUN
fbem-7147	5	73	of	of	ADP
fbem-7147	5	74	the	the	DET
fbem-7147	5	75	board	board	NOUN
fbem-7147	5	76	of	of	ADP
fbem-7147	5	77	directors	director	NOUN
fbem-7147	5	78	and	and	CCONJ
fbem-7147	5	79	the	the	DET
fbem-7147	5	80	loopholes	loophole	NOUN
fbem-7147	5	81	in	in	ADP
fbem-7147	5	82	the	the	DET
fbem-7147	5	83	professional	professional	ADJ
fbem-7147	5	84	manager	manager	NOUN
fbem-7147	5	85	system	system	NOUN
fbem-7147	5	86	,	,	PUNCT
fbem-7147	5	87	and	and	CCONJ
fbem-7147	5	88	put	put	VERB
fbem-7147	5	89	forward	forward	ADP
fbem-7147	5	90	solutions	solution	NOUN
fbem-7147	5	91	such	such	ADJ
fbem-7147	5	92	as	as	ADP
fbem-7147	5	93	optimizing	optimize	VERB
fbem-7147	5	94	the	the	DET
fbem-7147	5	95	structure	structure	NOUN
fbem-7147	5	96	of	of	ADP
fbem-7147	5	97	the	the	DET
fbem-7147	5	98	board	board	NOUN
fbem-7147	5	99	of	of	ADP
fbem-7147	5	100	directors	director	NOUN
fbem-7147	5	101	,	,	PUNCT
fbem-7147	5	102	strengthening	strengthen	VERB
fbem-7147	5	103	the	the	DET
fbem-7147	5	104	construction	construction	NOUN
fbem-7147	5	105	of	of	ADP
fbem-7147	5	106	managers	manager	NOUN
fbem-7147	5	107	,	,	PUNCT
fbem-7147	5	108	and	and	CCONJ
fbem-7147	5	109	establishing	establish	VERB
fbem-7147	5	110	equity	equity	NOUN
fbem-7147	5	111	incentive	incentive	NOUN
fbem-7147	5	112	mechanism	mechanism	NOUN
fbem-7147	5	113	,	,	PUNCT
fbem-7147	5	114	so	so	SCONJ
fbem-7147	5	115	as	as	SCONJ
fbem-7147	5	116	to	to	PART
fbem-7147	5	117	improve	improve	VERB
fbem-7147	5	118	the	the	DET
fbem-7147	5	119	corporate	corporate	ADJ
fbem-7147	5	120	governance	governance	NOUN
fbem-7147	5	121	structure	structure	NOUN
fbem-7147	5	122	of	of	ADP
fbem-7147	5	123	china	china	PROPN
fbem-7147	5	124	unicom	unicom	PROPN
fbem-7147	5	125	.	.	PUNCT
fbem-7147	6	1	and	and	CCONJ
fbem-7147	6	2	provide	provide	VERB
fbem-7147	6	3	solutions	solution	NOUN
fbem-7147	6	4	and	and	CCONJ
fbem-7147	6	5	experience	experience	NOUN
fbem-7147	6	6	for	for	ADP
fbem-7147	6	7	the	the	DET
fbem-7147	6	8	follow	follow	VERB
fbem-7147	6	9	-	-	PUNCT
fbem-7147	6	10	up	up	ADP
fbem-7147	6	11	development	development	NOUN
fbem-7147	6	12	of	of	ADP
fbem-7147	6	13	china	china	PROPN
fbem-7147	6	14	's	's	PART
fbem-7147	6	15	state	state	NOUN
fbem-7147	6	16	-	-	PUNCT
fbem-7147	6	17	owned	own	VERB
fbem-7147	6	18	enterprises	enterprise	NOUN
fbem-7147	6	19	.	.	PUNCT
fbem-7147	7	1	keywords	keyword	NOUN
fbem-7147	7	2	:	:	PUNCT
fbem-7147	7	3	mixed	mixed	ADJ
fbem-7147	7	4	ownership	ownership	NOUN
fbem-7147	7	5	reform	reform	NOUN
fbem-7147	7	6	,	,	PUNCT
fbem-7147	7	7	corporate	corporate	ADJ
fbem-7147	7	8	governance	governance	NOUN
fbem-7147	7	9	,	,	PUNCT
fbem-7147	7	10	governance	governance	NOUN
fbem-7147	7	11	structure	structure	NOUN
fbem-7147	7	12	,	,	PUNCT
fbem-7147	7	13	governance	governance	NOUN
fbem-7147	7	14	mechanism	mechanism	NOUN
fbem-7147	7	15	,	,	PUNCT
fbem-7147	7	16	infrastructure	infrastructure	NOUN
fbem-7147	7	17	,	,	PUNCT
fbem-7147	7	18	china	china	PROPN
fbem-7147	7	19	unicom	unicom	PROPN
fbem-7147	7	20	.	.	PUNCT
fbem-7147	8	1	1	1	NUM
fbem-7147	8	2	.	.	X
fbem-7147	8	3	introduction	introduction	NOUN
fbem-7147	8	4	1.1	1.1	NUM
fbem-7147	8	5	.	.	PUNCT
fbem-7147	9	1	research	research	NOUN
fbem-7147	9	2	background	background	NOUN
fbem-7147	9	3	as	as	ADP
fbem-7147	9	4	an	an	DET
fbem-7147	9	5	important	important	ADJ
fbem-7147	9	6	pillar	pillar	NOUN
fbem-7147	9	7	of	of	ADP
fbem-7147	9	8	china	china	PROPN
fbem-7147	9	9	's	's	PART
fbem-7147	9	10	economic	economic	ADJ
fbem-7147	9	11	market	market	NOUN
fbem-7147	9	12	,	,	PUNCT
fbem-7147	9	13	stateowned	stateowne	VERB
fbem-7147	9	14	enterprises	enterprise	NOUN
fbem-7147	9	15	not	not	PART
fbem-7147	9	16	only	only	ADV
fbem-7147	9	17	undertake	undertake	VERB
fbem-7147	9	18	the	the	DET
fbem-7147	9	19	basic	basic	ADJ
fbem-7147	9	20	mission	mission	NOUN
fbem-7147	9	21	of	of	ADP
fbem-7147	9	22	enterprise	enterprise	NOUN
fbem-7147	9	23	management	management	NOUN
fbem-7147	9	24	,	,	PUNCT
fbem-7147	9	25	but	but	CCONJ
fbem-7147	9	26	also	also	ADV
fbem-7147	9	27	undertake	undertake	VERB
fbem-7147	9	28	various	various	ADJ
fbem-7147	9	29	important	important	ADJ
fbem-7147	9	30	social	social	ADJ
fbem-7147	9	31	responsibilities	responsibility	NOUN
fbem-7147	9	32	(	(	PUNCT
fbem-7147	9	33	tian	tian	ADJ
fbem-7147	9	34	,	,	PUNCT
fbem-7147	9	35	2005	2005	NUM
fbem-7147	9	36	)	)	PUNCT
fbem-7147	9	37	.	.	PUNCT
fbem-7147	10	1	over	over	ADP
fbem-7147	10	2	the	the	DET
fbem-7147	10	3	past	past	ADJ
fbem-7147	10	4	40	40	NUM
fbem-7147	10	5	years	year	NOUN
fbem-7147	10	6	of	of	ADP
fbem-7147	10	7	reform	reform	NOUN
fbem-7147	10	8	and	and	CCONJ
fbem-7147	10	9	opening	opening	NOUN
fbem-7147	10	10	up	up	ADP
fbem-7147	10	11	,	,	PUNCT
fbem-7147	10	12	china	china	PROPN
fbem-7147	10	13	has	have	AUX
fbem-7147	10	14	carried	carry	VERB
fbem-7147	10	15	out	out	ADP
fbem-7147	10	16	a	a	DET
fbem-7147	10	17	series	series	NOUN
fbem-7147	10	18	of	of	ADP
fbem-7147	10	19	comprehensive	comprehensive	ADJ
fbem-7147	10	20	reforms	reform	NOUN
fbem-7147	10	21	aimed	aim	VERB
fbem-7147	10	22	at	at	ADP
fbem-7147	10	23	economic	economic	ADJ
fbem-7147	10	24	construction	construction	NOUN
fbem-7147	10	25	and	and	CCONJ
fbem-7147	10	26	national	national	ADJ
fbem-7147	10	27	strength	strength	NOUN
fbem-7147	10	28	building	building	NOUN
fbem-7147	10	29	.	.	PUNCT
fbem-7147	11	1	during	during	ADP
fbem-7147	11	2	this	this	DET
fbem-7147	11	3	period	period	NOUN
fbem-7147	11	4	,	,	PUNCT
fbem-7147	11	5	china	china	PROPN
fbem-7147	11	6	's	's	PART
fbem-7147	11	7	stateowned	stateowne	VERB
fbem-7147	11	8	enterprises	enterprise	NOUN
fbem-7147	11	9	have	have	AUX
fbem-7147	11	10	been	be	AUX
fbem-7147	11	11	constantly	constantly	ADV
fbem-7147	11	12	updated	update	VERB
fbem-7147	11	13	and	and	CCONJ
fbem-7147	11	14	explored	explore	VERB
fbem-7147	11	15	in	in	ADP
fbem-7147	11	16	the	the	DET
fbem-7147	11	17	reform	reform	NOUN
fbem-7147	11	18	of	of	ADP
fbem-7147	11	19	mixed	mixed	ADJ
fbem-7147	11	20	ownership	ownership	NOUN
fbem-7147	11	21	,	,	PUNCT
fbem-7147	11	22	and	and	CCONJ
fbem-7147	11	23	have	have	AUX
fbem-7147	11	24	achieved	achieve	VERB
fbem-7147	11	25	rich	rich	ADJ
fbem-7147	11	26	reform	reform	NOUN
fbem-7147	11	27	results	result	NOUN
fbem-7147	11	28	and	and	CCONJ
fbem-7147	11	29	experience	experience	NOUN
fbem-7147	11	30	.	.	PUNCT
fbem-7147	12	1	analyzing	analyze	VERB
fbem-7147	12	2	the	the	DET
fbem-7147	12	3	scale	scale	NOUN
fbem-7147	12	4	of	of	ADP
fbem-7147	12	5	enterprises	enterprise	NOUN
fbem-7147	12	6	from	from	ADP
fbem-7147	12	7	a	a	DET
fbem-7147	12	8	macro	macro	ADJ
fbem-7147	12	9	perspective	perspective	NOUN
fbem-7147	12	10	,	,	PUNCT
fbem-7147	12	11	china	china	PROPN
fbem-7147	12	12	's	's	PART
fbem-7147	12	13	state	state	NOUN
fbem-7147	12	14	-	-	PUNCT
fbem-7147	12	15	owned	own	VERB
fbem-7147	12	16	enterprises	enterprise	NOUN
fbem-7147	12	17	almost	almost	ADV
fbem-7147	12	18	have	have	VERB
fbem-7147	12	19	a	a	DET
fbem-7147	12	20	monopoly	monopoly	NOUN
fbem-7147	12	21	advantage	advantage	NOUN
fbem-7147	12	22	in	in	ADP
fbem-7147	12	23	terms	term	NOUN
fbem-7147	12	24	of	of	ADP
fbem-7147	12	25	capital	capital	NOUN
fbem-7147	12	26	and	and	CCONJ
fbem-7147	12	27	resources	resource	NOUN
fbem-7147	12	28	due	due	ADP
fbem-7147	12	29	to	to	ADP
fbem-7147	12	30	the	the	DET
fbem-7147	12	31	strong	strong	ADJ
fbem-7147	12	32	support	support	NOUN
fbem-7147	12	33	and	and	CCONJ
fbem-7147	12	34	pertinence	pertinence	NOUN
fbem-7147	12	35	of	of	ADP
fbem-7147	12	36	the	the	DET
fbem-7147	12	37	early	early	ADJ
fbem-7147	12	38	national	national	ADJ
fbem-7147	12	39	policies	policy	NOUN
fbem-7147	12	40	(	(	PUNCT
fbem-7147	12	41	yang	yang	PROPN
fbem-7147	12	42	,	,	PUNCT
fbem-7147	12	43	&	&	CCONJ
fbem-7147	12	44	tong	tong	PROPN
fbem-7147	12	45	,	,	PUNCT
fbem-7147	12	46	2015	2015	NUM
fbem-7147	12	47	)	)	PUNCT
fbem-7147	12	48	.	.	PUNCT
fbem-7147	13	1	with	with	ADP
fbem-7147	13	2	the	the	DET
fbem-7147	13	3	influence	influence	NOUN
fbem-7147	13	4	of	of	ADP
fbem-7147	13	5	chinese	chinese	ADJ
fbem-7147	13	6	cultural	cultural	ADJ
fbem-7147	13	7	tradition	tradition	NOUN
fbem-7147	13	8	,	,	PUNCT
fbem-7147	13	9	they	they	PRON
fbem-7147	13	10	have	have	AUX
fbem-7147	13	11	assumed	assume	VERB
fbem-7147	13	12	the	the	DET
fbem-7147	13	13	title	title	NOUN
fbem-7147	13	14	of	of	ADP
fbem-7147	13	15	national	national	ADJ
fbem-7147	13	16	credit	credit	NOUN
fbem-7147	13	17	to	to	ADP
fbem-7147	13	18	a	a	DET
fbem-7147	13	19	certain	certain	ADJ
fbem-7147	13	20	extent	extent	NOUN
fbem-7147	13	21	.	.	PUNCT
fbem-7147	14	1	therefore	therefore	ADV
fbem-7147	14	2	,	,	PUNCT
fbem-7147	14	3	a	a	DET
fbem-7147	14	4	large	large	ADJ
fbem-7147	14	5	number	number	NOUN
fbem-7147	14	6	of	of	ADP
fbem-7147	14	7	talents	talent	NOUN
fbem-7147	14	8	in	in	ADP
fbem-7147	14	9	china	china	PROPN
fbem-7147	14	10	continue	continue	VERB
fbem-7147	14	11	to	to	PART
fbem-7147	14	12	pour	pour	VERB
fbem-7147	14	13	into	into	ADP
fbem-7147	14	14	state	state	NOUN
fbem-7147	14	15	-	-	PUNCT
fbem-7147	14	16	owned	own	VERB
fbem-7147	14	17	enterprises	enterprise	NOUN
fbem-7147	14	18	with	with	ADP
fbem-7147	14	19	huge	huge	ADJ
fbem-7147	14	20	industrial	industrial	ADJ
fbem-7147	14	21	scale	scale	NOUN
fbem-7147	14	22	.	.	PUNCT
fbem-7147	15	1	on	on	ADP
fbem-7147	15	2	the	the	DET
fbem-7147	15	3	contrary	contrary	NOUN
fbem-7147	15	4	,	,	PUNCT
fbem-7147	15	5	the	the	DET
fbem-7147	15	6	drawbacks	drawback	NOUN
fbem-7147	15	7	of	of	ADP
fbem-7147	15	8	state	state	NOUN
fbem-7147	15	9	-	-	PUNCT
fbem-7147	15	10	owned	own	VERB
fbem-7147	15	11	enterprises	enterprise	NOUN
fbem-7147	15	12	are	be	AUX
fbem-7147	15	13	complicated	complicated	ADJ
fbem-7147	15	14	working	working	NOUN
fbem-7147	15	15	procedures	procedure	NOUN
fbem-7147	15	16	,	,	PUNCT
fbem-7147	15	17	heavy	heavy	ADJ
fbem-7147	15	18	workload	workload	NOUN
fbem-7147	15	19	,	,	PUNCT
fbem-7147	15	20	low	low	ADJ
fbem-7147	15	21	efficiency	efficiency	NOUN
fbem-7147	15	22	and	and	CCONJ
fbem-7147	15	23	weak	weak	ADJ
fbem-7147	15	24	innovation	innovation	NOUN
fbem-7147	15	25	ability	ability	NOUN
fbem-7147	15	26	,	,	PUNCT
fbem-7147	15	27	which	which	PRON
fbem-7147	15	28	have	have	AUX
fbem-7147	15	29	gradually	gradually	ADV
fbem-7147	15	30	become	become	VERB
fbem-7147	15	31	the	the	DET
fbem-7147	15	32	special	special	ADJ
fbem-7147	15	33	labels	label	NOUN
fbem-7147	15	34	of	of	ADP
fbem-7147	15	35	enterprises	enterprise	NOUN
fbem-7147	15	36	in	in	ADP
fbem-7147	15	37	the	the	DET
fbem-7147	15	38	new	new	ADJ
fbem-7147	15	39	era	era	NOUN
fbem-7147	15	40	of	of	ADP
fbem-7147	15	41	enterprise	enterprise	NOUN
fbem-7147	15	42	development	development	NOUN
fbem-7147	15	43	.	.	PUNCT
fbem-7147	16	1	the	the	DET
fbem-7147	16	2	advanced	advanced	ADJ
fbem-7147	16	3	private	private	ADJ
fbem-7147	16	4	enterprises	enterprise	NOUN
fbem-7147	16	5	are	be	AUX
fbem-7147	16	6	very	very	ADV
fbem-7147	16	7	sensitive	sensitive	ADJ
fbem-7147	16	8	to	to	ADP
fbem-7147	16	9	the	the	DET
fbem-7147	16	10	ever	ever	ADV
fbem-7147	16	11	-	-	PUNCT
fbem-7147	16	12	changing	change	VERB
fbem-7147	16	13	characteristics	characteristic	NOUN
fbem-7147	16	14	of	of	ADP
fbem-7147	16	15	the	the	DET
fbem-7147	16	16	market	market	NOUN
fbem-7147	16	17	,	,	PUNCT
fbem-7147	16	18	and	and	CCONJ
fbem-7147	16	19	can	can	AUX
fbem-7147	16	20	often	often	ADV
fbem-7147	16	21	make	make	VERB
fbem-7147	16	22	corresponding	corresponding	ADJ
fbem-7147	16	23	countermeasures	countermeasure	NOUN
fbem-7147	16	24	in	in	ADP
fbem-7147	16	25	time	time	NOUN
fbem-7147	16	26	to	to	PART
fbem-7147	16	27	adjust	adjust	VERB
fbem-7147	16	28	the	the	DET
fbem-7147	16	29	development	development	NOUN
fbem-7147	16	30	direction	direction	NOUN
fbem-7147	16	31	and	and	CCONJ
fbem-7147	16	32	strategy	strategy	NOUN
fbem-7147	16	33	of	of	ADP
fbem-7147	16	34	enterprises	enterprise	NOUN
fbem-7147	16	35	.	.	PUNCT
fbem-7147	17	1	compared	compare	VERB
fbem-7147	17	2	with	with	ADP
fbem-7147	17	3	state	state	NOUN
fbem-7147	17	4	-	-	PUNCT
fbem-7147	17	5	owned	own	VERB
fbem-7147	17	6	enterprises	enterprise	NOUN
fbem-7147	17	7	,	,	PUNCT
fbem-7147	17	8	private	private	ADJ
fbem-7147	17	9	enterprises	enterprise	NOUN
fbem-7147	17	10	have	have	VERB
fbem-7147	17	11	the	the	DET
fbem-7147	17	12	characteristics	characteristic	NOUN
fbem-7147	17	13	of	of	ADP
fbem-7147	17	14	flexible	flexible	ADJ
fbem-7147	17	15	working	working	NOUN
fbem-7147	17	16	mechanism	mechanism	NOUN
fbem-7147	17	17	,	,	PUNCT
fbem-7147	17	18	keen	keen	ADJ
fbem-7147	17	19	insight	insight	NOUN
fbem-7147	17	20	into	into	ADP
fbem-7147	17	21	market	market	NOUN
fbem-7147	17	22	demand	demand	NOUN
fbem-7147	17	23	,	,	PUNCT
fbem-7147	17	24	strong	strong	ADJ
fbem-7147	17	25	innovation	innovation	NOUN
fbem-7147	17	26	ability	ability	NOUN
fbem-7147	17	27	and	and	CCONJ
fbem-7147	17	28	high	high	ADJ
fbem-7147	17	29	operating	operating	NOUN
fbem-7147	17	30	efficiency	efficiency	NOUN
fbem-7147	17	31	to	to	ADP
fbem-7147	17	32	a	a	DET
fbem-7147	17	33	certain	certain	ADJ
fbem-7147	17	34	extent	extent	NOUN
fbem-7147	17	35	,	,	PUNCT
fbem-7147	17	36	but	but	CCONJ
fbem-7147	17	37	also	also	ADV
fbem-7147	17	38	expose	expose	VERB
fbem-7147	17	39	their	their	PRON
fbem-7147	17	40	own	own	ADJ
fbem-7147	17	41	shortcomings	shortcoming	NOUN
fbem-7147	17	42	(	(	PUNCT
fbem-7147	17	43	yang	yang	PROPN
fbem-7147	17	44	,	,	PUNCT
fbem-7147	17	45	&	&	CCONJ
fbem-7147	17	46	tong	tong	PROPN
fbem-7147	17	47	,	,	PUNCT
fbem-7147	17	48	2015	2015	NUM
fbem-7147	17	49	)	)	PUNCT
fbem-7147	17	50	.	.	PUNCT
fbem-7147	18	1	compared	compare	VERB
fbem-7147	18	2	with	with	ADP
fbem-7147	18	3	state	state	NOUN
fbem-7147	18	4	-	-	PUNCT
fbem-7147	18	5	owned	own	VERB
fbem-7147	18	6	enterprises	enterprise	NOUN
fbem-7147	18	7	,	,	PUNCT
fbem-7147	18	8	private	private	ADJ
fbem-7147	18	9	enterprises	enterprise	NOUN
fbem-7147	18	10	have	have	VERB
fbem-7147	18	11	disadvantages	disadvantage	NOUN
fbem-7147	18	12	such	such	ADJ
fbem-7147	18	13	as	as	ADP
fbem-7147	18	14	insufficient	insufficient	ADJ
fbem-7147	18	15	capital	capital	NOUN
fbem-7147	18	16	resources	resource	NOUN
fbem-7147	18	17	,	,	PUNCT
fbem-7147	18	18	small	small	ADJ
fbem-7147	18	19	production	production	NOUN
fbem-7147	18	20	scale	scale	NOUN
fbem-7147	18	21	and	and	CCONJ
fbem-7147	18	22	backward	backward	ADJ
fbem-7147	18	23	management	management	NOUN
fbem-7147	18	24	.	.	PUNCT
fbem-7147	19	1	the	the	DET
fbem-7147	19	2	reform	reform	NOUN
fbem-7147	19	3	of	of	ADP
fbem-7147	19	4	mixed	mixed	ADJ
fbem-7147	19	5	ownership	ownership	NOUN
fbem-7147	19	6	can	can	AUX
fbem-7147	19	7	achieve	achieve	VERB
fbem-7147	19	8	the	the	DET
fbem-7147	19	9	best	good	ADJ
fbem-7147	19	10	solution	solution	NOUN
fbem-7147	19	11	through	through	ADP
fbem-7147	19	12	complementary	complementary	ADJ
fbem-7147	19	13	advantages	advantage	NOUN
fbem-7147	19	14	and	and	CCONJ
fbem-7147	19	15	resource	resource	NOUN
fbem-7147	19	16	integration	integration	NOUN
fbem-7147	19	17	(	(	PUNCT
fbem-7147	19	18	yang	yang	PROPN
fbem-7147	19	19	,	,	PUNCT
fbem-7147	19	20	&	&	CCONJ
fbem-7147	19	21	tong	tong	PROPN
fbem-7147	19	22	,	,	PUNCT
fbem-7147	19	23	2015	2015	NUM
fbem-7147	19	24	)	)	PUNCT
fbem-7147	19	25	.	.	PUNCT
fbem-7147	20	1	on	on	ADP
fbem-7147	20	2	the	the	DET
fbem-7147	20	3	one	one	NUM
fbem-7147	20	4	hand	hand	NOUN
fbem-7147	20	5	,	,	PUNCT
fbem-7147	20	6	the	the	DET
fbem-7147	20	7	resources	resource	NOUN
fbem-7147	20	8	and	and	CCONJ
fbem-7147	20	9	funds	fund	NOUN
fbem-7147	20	10	of	of	ADP
fbem-7147	20	11	state	state	NOUN
fbem-7147	20	12	-	-	PUNCT
fbem-7147	20	13	owned	own	VERB
fbem-7147	20	14	enterprises	enterprise	NOUN
fbem-7147	20	15	can	can	AUX
fbem-7147	20	16	be	be	AUX
fbem-7147	20	17	effectively	effectively	ADV
fbem-7147	20	18	utilized	utilize	VERB
fbem-7147	20	19	and	and	CCONJ
fbem-7147	20	20	flexibly	flexibly	ADV
fbem-7147	20	21	allocated	allocate	VERB
fbem-7147	20	22	,	,	PUNCT
fbem-7147	20	23	thus	thus	ADV
fbem-7147	20	24	reducing	reduce	VERB
fbem-7147	20	25	the	the	DET
fbem-7147	20	26	"	"	PUNCT
fbem-7147	20	27	burden	burden	NOUN
fbem-7147	20	28	"	"	PUNCT
fbem-7147	20	29	phenomenon	phenomenon	NOUN
fbem-7147	20	30	;	;	PUNCT
fbem-7147	20	31	on	on	ADP
fbem-7147	20	32	the	the	DET
fbem-7147	20	33	other	other	ADJ
fbem-7147	20	34	hand	hand	NOUN
fbem-7147	20	35	,	,	PUNCT
fbem-7147	20	36	private	private	ADJ
fbem-7147	20	37	enterprises	enterprise	NOUN
fbem-7147	20	38	can	can	AUX
fbem-7147	20	39	also	also	ADV
fbem-7147	20	40	get	get	VERB
fbem-7147	20	41	abundant	abundant	ADJ
fbem-7147	20	42	financial	financial	ADJ
fbem-7147	20	43	assistance	assistance	NOUN
fbem-7147	20	44	,	,	PUNCT
fbem-7147	20	45	talent	talent	NOUN
fbem-7147	20	46	and	and	CCONJ
fbem-7147	20	47	technical	technical	ADJ
fbem-7147	20	48	support	support	NOUN
fbem-7147	20	49	.	.	PUNCT
fbem-7147	21	1	under	under	ADP
fbem-7147	21	2	the	the	DET
fbem-7147	21	3	above	above	ADJ
fbem-7147	21	4	background	background	NOUN
fbem-7147	21	5	,	,	PUNCT
fbem-7147	21	6	china	china	PROPN
fbem-7147	21	7	's	's	PART
fbem-7147	21	8	state	state	NOUN
fbem-7147	21	9	-	-	PUNCT
fbem-7147	21	10	owned	own	VERB
fbem-7147	21	11	enterprises	enterprise	NOUN
fbem-7147	21	12	have	have	AUX
fbem-7147	21	13	begun	begin	VERB
fbem-7147	21	14	a	a	DET
fbem-7147	21	15	new	new	ADJ
fbem-7147	21	16	round	round	NOUN
fbem-7147	21	17	of	of	ADP
fbem-7147	21	18	structural	structural	ADJ
fbem-7147	21	19	reform	reform	NOUN
fbem-7147	21	20	.	.	PUNCT
fbem-7147	22	1	the	the	DET
fbem-7147	22	2	government	government	NOUN
fbem-7147	22	3	actively	actively	ADV
fbem-7147	22	4	encourages	encourage	VERB
fbem-7147	22	5	state	state	NOUN
fbem-7147	22	6	-	-	PUNCT
fbem-7147	22	7	owned	own	VERB
fbem-7147	22	8	enterprises	enterprise	NOUN
fbem-7147	22	9	to	to	PART
fbem-7147	22	10	explore	explore	VERB
fbem-7147	22	11	new	new	ADJ
fbem-7147	22	12	forms	form	NOUN
fbem-7147	22	13	of	of	ADP
fbem-7147	22	14	capital	capital	NOUN
fbem-7147	22	15	mixing	mixing	NOUN
fbem-7147	22	16	,	,	PUNCT
fbem-7147	22	17	revitalize	revitalize	VERB
fbem-7147	22	18	the	the	DET
fbem-7147	22	19	productivity	productivity	NOUN
fbem-7147	22	20	and	and	CCONJ
fbem-7147	22	21	creativity	creativity	NOUN
fbem-7147	22	22	of	of	ADP
fbem-7147	22	23	state	state	NOUN
fbem-7147	22	24	-	-	PUNCT
fbem-7147	22	25	owned	own	VERB
fbem-7147	22	26	assets	asset	NOUN
fbem-7147	22	27	through	through	ADP
fbem-7147	22	28	the	the	DET
fbem-7147	22	29	reform	reform	NOUN
fbem-7147	22	30	of	of	ADP
fbem-7147	22	31	mixed	mixed	ADJ
fbem-7147	22	32	ownership	ownership	NOUN
fbem-7147	22	33	,	,	PUNCT
fbem-7147	22	34	and	and	CCONJ
fbem-7147	22	35	improve	improve	VERB
fbem-7147	22	36	the	the	DET
fbem-7147	22	37	dual	dual	ADJ
fbem-7147	22	38	problems	problem	NOUN
fbem-7147	22	39	of	of	ADP
fbem-7147	22	40	poor	poor	ADJ
fbem-7147	22	41	corporate	corporate	ADJ
fbem-7147	22	42	governance	governance	NOUN
fbem-7147	22	43	and	and	CCONJ
fbem-7147	22	44	low	low	ADJ
fbem-7147	22	45	operational	operational	ADJ
fbem-7147	22	46	efficiency	efficiency	NOUN
fbem-7147	22	47	of	of	ADP
fbem-7147	22	48	chinese	chinese	ADJ
fbem-7147	22	49	stateowned	stateowne	VERB
fbem-7147	22	50	enterprises	enterprise	NOUN
fbem-7147	22	51	(	(	PUNCT
fbem-7147	22	52	tian	tian	ADJ
fbem-7147	22	53	,	,	PUNCT
fbem-7147	22	54	2022).the	2022).the	NUM
fbem-7147	22	55	existing	exist	VERB
fbem-7147	22	56	research	research	NOUN
fbem-7147	22	57	on	on	ADP
fbem-7147	22	58	the	the	DET
fbem-7147	22	59	reform	reform	NOUN
fbem-7147	22	60	of	of	ADP
fbem-7147	22	61	state	state	NOUN
fbem-7147	22	62	-	-	PUNCT
fbem-7147	22	63	owned	own	VERB
fbem-7147	22	64	enterprises	enterprise	NOUN
fbem-7147	22	65	is	be	AUX
fbem-7147	22	66	mainly	mainly	ADV
fbem-7147	22	67	based	base	VERB
fbem-7147	22	68	on	on	ADP
fbem-7147	22	69	the	the	DET
fbem-7147	22	70	theory	theory	NOUN
fbem-7147	22	71	of	of	ADP
fbem-7147	22	72	property	property	NOUN
fbem-7147	22	73	rights	right	NOUN
fbem-7147	22	74	,	,	PUNCT
fbem-7147	22	75	principal	principal	ADJ
fbem-7147	22	76	-	-	PUNCT
fbem-7147	22	77	agent	agent	NOUN
fbem-7147	22	78	theory	theory	NOUN
fbem-7147	22	79	and	and	CCONJ
fbem-7147	22	80	other	other	ADJ
fbem-7147	22	81	related	related	ADJ
fbem-7147	22	82	theories	theory	NOUN
fbem-7147	22	83	.	.	PUNCT
fbem-7147	23	1	based	base	VERB
fbem-7147	23	2	on	on	ADP
fbem-7147	23	3	the	the	DET
fbem-7147	23	4	research	research	NOUN
fbem-7147	23	5	theory	theory	NOUN
fbem-7147	23	6	of	of	ADP
fbem-7147	23	7	existing	exist	VERB
fbem-7147	23	8	scholars	scholar	NOUN
fbem-7147	23	9	,	,	PUNCT
fbem-7147	23	10	this	this	DET
fbem-7147	23	11	paper	paper	NOUN
fbem-7147	23	12	specifically	specifically	ADV
fbem-7147	23	13	analyzes	analyze	VERB
fbem-7147	23	14	the	the	DET
fbem-7147	23	15	problems	problem	NOUN
fbem-7147	23	16	of	of	ADP
fbem-7147	23	17	china	china	PROPN
fbem-7147	23	18	unicom	unicom	PROPN
fbem-7147	23	19	in	in	ADP
fbem-7147	23	20	corporate	corporate	ADJ
fbem-7147	23	21	governance	governance	NOUN
fbem-7147	23	22	,	,	PUNCT
fbem-7147	23	23	and	and	CCONJ
fbem-7147	23	24	puts	put	VERB
fbem-7147	23	25	forward	forward	ADV
fbem-7147	23	26	the	the	DET
fbem-7147	23	27	corresponding	correspond	VERB
fbem-7147	23	28	solutions	solution	NOUN
fbem-7147	23	29	to	to	ADP
fbem-7147	23	30	the	the	DET
fbem-7147	23	31	problems	problem	NOUN
fbem-7147	23	32	to	to	PART
fbem-7147	23	33	accelerate	accelerate	VERB
fbem-7147	23	34	the	the	DET
fbem-7147	23	35	process	process	NOUN
fbem-7147	23	36	of	of	ADP
fbem-7147	23	37	china	china	PROPN
fbem-7147	23	38	unicom	unicom	PROPN
fbem-7147	23	39	's	's	PART
fbem-7147	23	40	joint	joint	ADJ
fbem-7147	23	41	-	-	PUNCT
fbem-7147	23	42	stock	stock	NOUN
fbem-7147	23	43	reform	reform	NOUN
fbem-7147	23	44	.	.	PUNCT
fbem-7147	24	1	1.2	1.2	NUM
fbem-7147	24	2	.	.	PUNCT
fbem-7147	25	1	research	research	NOUN
fbem-7147	25	2	problems	problem	NOUN
fbem-7147	25	3	china	china	PROPN
fbem-7147	25	4	's	's	PART
fbem-7147	25	5	basic	basic	ADJ
fbem-7147	25	6	strategic	strategic	ADJ
fbem-7147	25	7	industries	industry	NOUN
fbem-7147	25	8	are	be	AUX
fbem-7147	25	9	basically	basically	ADV
fbem-7147	25	10	monopolized	monopolize	VERB
fbem-7147	25	11	and	and	CCONJ
fbem-7147	25	12	controlled	control	VERB
fbem-7147	25	13	by	by	ADP
fbem-7147	25	14	state	state	NOUN
fbem-7147	25	15	-	-	PUNCT
fbem-7147	25	16	owned	own	VERB
fbem-7147	25	17	enterprises	enterprise	NOUN
fbem-7147	25	18	.	.	PUNCT
fbem-7147	26	1	the	the	DET
fbem-7147	26	2	focus	focus	NOUN
fbem-7147	26	3	of	of	ADP
fbem-7147	26	4	the	the	DET
fbem-7147	26	5	new	new	ADJ
fbem-7147	26	6	round	round	NOUN
fbem-7147	26	7	of	of	ADP
fbem-7147	26	8	soe	soe	PROPN
fbem-7147	26	9	reform	reform	NOUN
fbem-7147	26	10	is	be	AUX
fbem-7147	26	11	also	also	ADV
fbem-7147	26	12	the	the	DET
fbem-7147	26	13	reform	reform	NOUN
fbem-7147	26	14	of	of	ADP
fbem-7147	26	15	strategic	strategic	ADJ
fbem-7147	26	16	basic	basic	ADJ
fbem-7147	26	17	industries	industry	NOUN
fbem-7147	26	18	related	relate	VERB
fbem-7147	26	19	to	to	ADP
fbem-7147	26	20	people	people	NOUN
fbem-7147	26	21	's	's	PART
fbem-7147	26	22	livelihood	livelihood	NOUN
fbem-7147	26	23	(	(	PUNCT
fbem-7147	26	24	wang	wang	PROPN
fbem-7147	26	25	,	,	PUNCT
fbem-7147	26	26	186	186	NUM
fbem-7147	26	27	2022).compared	2022).compared	NUM
fbem-7147	26	28	with	with	ADP
fbem-7147	26	29	traditional	traditional	ADJ
fbem-7147	26	30	industries	industry	NOUN
fbem-7147	26	31	,	,	PUNCT
fbem-7147	26	32	telecommunication	telecommunication	NOUN
fbem-7147	26	33	enterprises	enterprise	NOUN
fbem-7147	26	34	belong	belong	VERB
fbem-7147	26	35	to	to	ADP
fbem-7147	26	36	high	high	ADJ
fbem-7147	26	37	-	-	PUNCT
fbem-7147	26	38	tech	tech	NOUN
fbem-7147	26	39	industries	industry	NOUN
fbem-7147	26	40	,	,	PUNCT
fbem-7147	26	41	which	which	PRON
fbem-7147	26	42	have	have	VERB
fbem-7147	26	43	higher	high	ADJ
fbem-7147	26	44	technological	technological	ADJ
fbem-7147	26	45	control	control	NOUN
fbem-7147	26	46	and	and	CCONJ
fbem-7147	26	47	sensitivity	sensitivity	NOUN
fbem-7147	26	48	to	to	ADP
fbem-7147	26	49	market	market	NOUN
fbem-7147	26	50	demand	demand	NOUN
fbem-7147	26	51	(	(	PUNCT
fbem-7147	26	52	hu	hu	PROPN
fbem-7147	26	53	,	,	PUNCT
fbem-7147	26	54	song	song	NOUN
fbem-7147	26	55	,	,	PUNCT
fbem-7147	26	56	&	&	CCONJ
fbem-7147	26	57	zhang	zhang	PROPN
fbem-7147	26	58	,	,	PUNCT
fbem-7147	26	59	2006).the	2006).the	PRON
fbem-7147	26	60	frequency	frequency	NOUN
fbem-7147	26	61	of	of	ADP
fbem-7147	26	62	technology	technology	NOUN
fbem-7147	26	63	updates	update	NOUN
fbem-7147	26	64	in	in	ADP
fbem-7147	26	65	the	the	DET
fbem-7147	26	66	telecommunications	telecommunications	NOUN
fbem-7147	26	67	industry	industry	NOUN
fbem-7147	26	68	is	be	AUX
fbem-7147	26	69	much	much	ADV
fbem-7147	26	70	higher	high	ADJ
fbem-7147	26	71	than	than	ADP
fbem-7147	26	72	that	that	PRON
fbem-7147	26	73	in	in	ADP
fbem-7147	26	74	other	other	ADJ
fbem-7147	26	75	traditional	traditional	ADJ
fbem-7147	26	76	industries	industry	NOUN
fbem-7147	26	77	(	(	PUNCT
fbem-7147	26	78	wang	wang	PROPN
fbem-7147	26	79	,	,	PUNCT
fbem-7147	26	80	2022).because	2022).because	NUM
fbem-7147	26	81	of	of	ADP
fbem-7147	26	82	this	this	PRON
fbem-7147	26	83	,	,	PUNCT
fbem-7147	26	84	the	the	DET
fbem-7147	26	85	telecommunications	telecommunications	NOUN
fbem-7147	26	86	industry	industry	NOUN
fbem-7147	26	87	has	have	AUX
fbem-7147	26	88	always	always	ADV
fbem-7147	26	89	been	be	AUX
fbem-7147	26	90	a	a	DET
fbem-7147	26	91	key	key	ADJ
fbem-7147	26	92	industry	industry	NOUN
fbem-7147	26	93	in	in	ADP
fbem-7147	26	94	china	china	PROPN
fbem-7147	26	95	and	and	CCONJ
fbem-7147	26	96	has	have	AUX
fbem-7147	26	97	always	always	ADV
fbem-7147	26	98	been	be	AUX
fbem-7147	26	99	at	at	ADP
fbem-7147	26	100	the	the	DET
fbem-7147	26	101	forefront	forefront	NOUN
fbem-7147	26	102	of	of	ADP
fbem-7147	26	103	reform	reform	NOUN
fbem-7147	26	104	.	.	PUNCT
fbem-7147	27	1	however	however	ADV
fbem-7147	27	2	,	,	PUNCT
fbem-7147	27	3	with	with	ADP
fbem-7147	27	4	the	the	DET
fbem-7147	27	5	introduction	introduction	NOUN
fbem-7147	27	6	of	of	ADP
fbem-7147	27	7	relevant	relevant	ADJ
fbem-7147	27	8	policies	policy	NOUN
fbem-7147	27	9	and	and	CCONJ
fbem-7147	27	10	the	the	DET
fbem-7147	27	11	acceleration	acceleration	NOUN
fbem-7147	27	12	of	of	ADP
fbem-7147	27	13	industrial	industrial	ADJ
fbem-7147	27	14	transformation	transformation	NOUN
fbem-7147	27	15	,	,	PUNCT
fbem-7147	27	16	china	china	PROPN
fbem-7147	27	17	unicom	unicom	PROPN
fbem-7147	27	18	is	be	AUX
fbem-7147	27	19	obviously	obviously	ADV
fbem-7147	27	20	lack	lack	NOUN
fbem-7147	27	21	of	of	ADP
fbem-7147	27	22	competitiveness	competitiveness	NOUN
fbem-7147	27	23	in	in	ADP
fbem-7147	27	24	the	the	DET
fbem-7147	27	25	industry	industry	NOUN
fbem-7147	27	26	,	,	PUNCT
fbem-7147	27	27	and	and	CCONJ
fbem-7147	27	28	there	there	PRON
fbem-7147	27	29	is	be	VERB
fbem-7147	27	30	an	an	DET
fbem-7147	27	31	obvious	obvious	ADJ
fbem-7147	27	32	strength	strength	NOUN
fbem-7147	27	33	gap	gap	NOUN
fbem-7147	27	34	with	with	ADP
fbem-7147	27	35	its	its	PRON
fbem-7147	27	36	main	main	ADJ
fbem-7147	27	37	competitors	competitor	NOUN
fbem-7147	27	38	.	.	PUNCT
fbem-7147	28	1	therefore	therefore	ADV
fbem-7147	28	2	,	,	PUNCT
fbem-7147	28	3	this	this	DET
fbem-7147	28	4	paper	paper	NOUN
fbem-7147	28	5	chooses	choose	VERB
fbem-7147	28	6	china	china	PROPN
fbem-7147	28	7	unicom	unicom	PROPN
fbem-7147	28	8	as	as	ADP
fbem-7147	28	9	a	a	DET
fbem-7147	28	10	case	case	NOUN
fbem-7147	28	11	study	study	NOUN
fbem-7147	28	12	to	to	PART
fbem-7147	28	13	analyze	analyze	VERB
fbem-7147	28	14	the	the	DET
fbem-7147	28	15	problems	problem	NOUN
fbem-7147	28	16	and	and	CCONJ
fbem-7147	28	17	challenges	challenge	NOUN
fbem-7147	28	18	that	that	PRON
fbem-7147	28	19	china	china	PROPN
fbem-7147	28	20	unicom	unicom	PROPN
fbem-7147	28	21	needs	need	VERB
fbem-7147	28	22	to	to	PART
fbem-7147	28	23	face	face	VERB
fbem-7147	28	24	in	in	ADP
fbem-7147	28	25	the	the	DET
fbem-7147	28	26	reform	reform	NOUN
fbem-7147	28	27	of	of	ADP
fbem-7147	28	28	mixed	mixed	ADJ
fbem-7147	28	29	ownership	ownership	NOUN
fbem-7147	28	30	,	,	PUNCT
fbem-7147	28	31	and	and	CCONJ
fbem-7147	28	32	to	to	PART
fbem-7147	28	33	make	make	VERB
fbem-7147	28	34	decisions	decision	NOUN
fbem-7147	28	35	on	on	ADP
fbem-7147	28	36	how	how	SCONJ
fbem-7147	28	37	to	to	PART
fbem-7147	28	38	deal	deal	VERB
fbem-7147	28	39	with	with	ADP
fbem-7147	28	40	the	the	DET
fbem-7147	28	41	problems	problem	NOUN
fbem-7147	28	42	.	.	PUNCT
fbem-7147	29	1	1.3	1.3	NUM
fbem-7147	29	2	.	.	PUNCT
fbem-7147	29	3	objective	objective	NOUN
fbem-7147	29	4	of	of	ADP
fbem-7147	29	5	the	the	DET
fbem-7147	29	6	study	study	NOUN
fbem-7147	29	7	the	the	DET
fbem-7147	29	8	purpose	purpose	NOUN
fbem-7147	29	9	of	of	ADP
fbem-7147	29	10	this	this	DET
fbem-7147	29	11	paper	paper	NOUN
fbem-7147	29	12	is	be	AUX
fbem-7147	29	13	to	to	PART
fbem-7147	29	14	analyze	analyze	VERB
fbem-7147	29	15	the	the	DET
fbem-7147	29	16	current	current	ADJ
fbem-7147	29	17	problems	problem	NOUN
fbem-7147	29	18	of	of	ADP
fbem-7147	29	19	china	china	PROPN
fbem-7147	29	20	unicom	unicom	PROPN
fbem-7147	29	21	's	's	PART
fbem-7147	29	22	corporate	corporate	ADJ
fbem-7147	29	23	governance	governance	NOUN
fbem-7147	29	24	,	,	PUNCT
fbem-7147	29	25	and	and	CCONJ
fbem-7147	29	26	propose	propose	VERB
fbem-7147	29	27	solutions	solution	NOUN
fbem-7147	29	28	to	to	ADP
fbem-7147	29	29	the	the	DET
fbem-7147	29	30	exposed	expose	VERB
fbem-7147	29	31	problems	problem	NOUN
fbem-7147	29	32	.	.	PUNCT
fbem-7147	30	1	finally	finally	ADV
fbem-7147	30	2	,	,	PUNCT
fbem-7147	30	3	through	through	ADP
fbem-7147	30	4	the	the	DET
fbem-7147	30	5	comparison	comparison	NOUN
fbem-7147	30	6	of	of	ADP
fbem-7147	30	7	business	business	NOUN
fbem-7147	30	8	indicators	indicator	NOUN
fbem-7147	30	9	before	before	ADP
fbem-7147	30	10	and	and	CCONJ
fbem-7147	30	11	after	after	ADP
fbem-7147	30	12	the	the	DET
fbem-7147	30	13	reform	reform	NOUN
fbem-7147	30	14	of	of	ADP
fbem-7147	30	15	china	china	PROPN
fbem-7147	30	16	unicom	unicom	PROPN
fbem-7147	30	17	's	's	PART
fbem-7147	30	18	mixed	mixed	ADJ
fbem-7147	30	19	ownership	ownership	NOUN
fbem-7147	30	20	,	,	PUNCT
fbem-7147	30	21	this	this	DET
fbem-7147	30	22	paper	paper	NOUN
fbem-7147	30	23	draws	draw	VERB
fbem-7147	30	24	the	the	DET
fbem-7147	30	25	practical	practical	ADJ
fbem-7147	30	26	experience	experience	NOUN
fbem-7147	30	27	and	and	CCONJ
fbem-7147	30	28	program	program	NOUN
fbem-7147	30	29	reference	reference	NOUN
fbem-7147	30	30	of	of	ADP
fbem-7147	30	31	china	china	PROPN
fbem-7147	30	32	unicorn	unicorn	PROPN
fbem-7147	30	33	's	's	PART
fbem-7147	30	34	mixed	mixed	ADJ
fbem-7147	30	35	ownership	ownership	NOUN
fbem-7147	30	36	reform	reform	NOUN
fbem-7147	30	37	.	.	PUNCT
fbem-7147	31	1	1	1	X
fbem-7147	31	2	.	.	X
fbem-7147	31	3	discuss	discuss	VERB
fbem-7147	31	4	the	the	DET
fbem-7147	31	5	shortcomings	shortcoming	NOUN
fbem-7147	31	6	and	and	CCONJ
fbem-7147	31	7	drawbacks	drawback	NOUN
fbem-7147	31	8	of	of	ADP
fbem-7147	31	9	china	china	PROPN
fbem-7147	31	10	unicom	unicom	PROPN
fbem-7147	31	11	in	in	ADP
fbem-7147	31	12	the	the	DET
fbem-7147	31	13	current	current	ADJ
fbem-7147	31	14	corporate	corporate	ADJ
fbem-7147	31	15	governance	governance	NOUN
fbem-7147	31	16	structure	structure	NOUN
fbem-7147	31	17	.	.	PUNCT
fbem-7147	32	1	2.solutions	2.solutions	NUM
fbem-7147	32	2	to	to	ADP
fbem-7147	32	3	the	the	DET
fbem-7147	32	4	problems	problem	NOUN
fbem-7147	32	5	of	of	ADP
fbem-7147	32	6	china	china	PROPN
fbem-7147	32	7	unicom	unicom	PROPN
fbem-7147	32	8	1.4	1.4	NUM
fbem-7147	32	9	.	.	PUNCT
fbem-7147	33	1	scope	scope	NOUN
fbem-7147	33	2	of	of	ADP
fbem-7147	33	3	the	the	DET
fbem-7147	33	4	study	study	NOUN
fbem-7147	33	5	his	his	PRON
fbem-7147	33	6	study	study	NOUN
fbem-7147	33	7	mainly	mainly	ADV
fbem-7147	33	8	analyzes	analyze	VERB
fbem-7147	33	9	the	the	DET
fbem-7147	33	10	problems	problem	NOUN
fbem-7147	33	11	exposed	expose	VERB
fbem-7147	33	12	in	in	ADP
fbem-7147	33	13	the	the	DET
fbem-7147	33	14	mixed	mixed	ADJ
fbem-7147	33	15	ownership	ownership	NOUN
fbem-7147	33	16	reform	reform	NOUN
fbem-7147	33	17	of	of	ADP
fbem-7147	33	18	china	china	PROPN
fbem-7147	33	19	unicom	unicom	PROPN
fbem-7147	33	20	,	,	PUNCT
fbem-7147	33	21	one	one	NUM
fbem-7147	33	22	of	of	ADP
fbem-7147	33	23	the	the	DET
fbem-7147	33	24	three	three	NUM
fbem-7147	33	25	giants	giant	NOUN
fbem-7147	33	26	in	in	ADP
fbem-7147	33	27	china	china	PROPN
fbem-7147	33	28	's	's	PART
fbem-7147	33	29	telecommunications	telecommunications	NOUN
fbem-7147	33	30	industry	industry	NOUN
fbem-7147	33	31	,	,	PUNCT
fbem-7147	33	32	and	and	CCONJ
fbem-7147	33	33	the	the	DET
fbem-7147	33	34	solutions	solution	NOUN
fbem-7147	33	35	to	to	ADP
fbem-7147	33	36	the	the	DET
fbem-7147	33	37	problems	problem	NOUN
fbem-7147	33	38	.	.	PUNCT
fbem-7147	34	1	due	due	ADP
fbem-7147	34	2	to	to	ADP
fbem-7147	34	3	china	china	PROPN
fbem-7147	34	4	's	's	PART
fbem-7147	34	5	unique	unique	ADJ
fbem-7147	34	6	cultural	cultural	ADJ
fbem-7147	34	7	environment	environment	NOUN
fbem-7147	34	8	and	and	CCONJ
fbem-7147	34	9	political	political	ADJ
fbem-7147	34	10	factors	factor	NOUN
fbem-7147	34	11	,	,	PUNCT
fbem-7147	34	12	china	china	PROPN
fbem-7147	34	13	formed	form	VERB
fbem-7147	34	14	a	a	DET
fbem-7147	34	15	unique	unique	ADJ
fbem-7147	34	16	management	management	NOUN
fbem-7147	34	17	model	model	NOUN
fbem-7147	34	18	and	and	CCONJ
fbem-7147	34	19	system	system	NOUN
fbem-7147	34	20	of	of	ADP
fbem-7147	34	21	state	state	NOUN
fbem-7147	34	22	-	-	PUNCT
fbem-7147	34	23	owned	own	VERB
fbem-7147	34	24	enterprises	enterprise	NOUN
fbem-7147	34	25	in	in	ADP
fbem-7147	34	26	the	the	DET
fbem-7147	34	27	early	early	ADJ
fbem-7147	34	28	stage	stage	NOUN
fbem-7147	34	29	(	(	PUNCT
fbem-7147	34	30	pan	pan	NOUN
fbem-7147	34	31	,	,	PUNCT
fbem-7147	34	32	2015	2015	NUM
fbem-7147	34	33	)	)	PUNCT
fbem-7147	34	34	.	.	PUNCT
fbem-7147	35	1	based	base	VERB
fbem-7147	35	2	on	on	ADP
fbem-7147	35	3	a	a	DET
fbem-7147	35	4	large	large	ADJ
fbem-7147	35	5	number	number	NOUN
fbem-7147	35	6	of	of	ADP
fbem-7147	35	7	literature	literature	NOUN
fbem-7147	35	8	review	review	NOUN
fbem-7147	35	9	and	and	CCONJ
fbem-7147	35	10	theoretical	theoretical	ADJ
fbem-7147	35	11	review	review	NOUN
fbem-7147	35	12	of	of	ADP
fbem-7147	35	13	the	the	DET
fbem-7147	35	14	management	management	NOUN
fbem-7147	35	15	mode	mode	NOUN
fbem-7147	35	16	of	of	ADP
fbem-7147	35	17	mixed	mixed	ADJ
fbem-7147	35	18	ownership	ownership	NOUN
fbem-7147	35	19	enterprises	enterprise	NOUN
fbem-7147	35	20	,	,	PUNCT
fbem-7147	35	21	this	this	DET
fbem-7147	35	22	paper	paper	NOUN
fbem-7147	35	23	finds	find	VERB
fbem-7147	35	24	out	out	ADP
fbem-7147	35	25	the	the	DET
fbem-7147	35	26	problems	problem	NOUN
fbem-7147	35	27	of	of	ADP
fbem-7147	35	28	corporate	corporate	ADJ
fbem-7147	35	29	governance	governance	NOUN
fbem-7147	35	30	of	of	ADP
fbem-7147	35	31	mixed	mixed	ADJ
fbem-7147	35	32	ownership	ownership	NOUN
fbem-7147	35	33	enterprises	enterprise	NOUN
fbem-7147	35	34	in	in	ADP
fbem-7147	35	35	china	china	PROPN
fbem-7147	35	36	,	,	PUNCT
fbem-7147	35	37	and	and	CCONJ
fbem-7147	35	38	combines	combine	VERB
fbem-7147	35	39	with	with	ADP
fbem-7147	35	40	the	the	DET
fbem-7147	35	41	actual	actual	ADJ
fbem-7147	35	42	situation	situation	NOUN
fbem-7147	35	43	of	of	ADP
fbem-7147	35	44	china	china	PROPN
fbem-7147	35	45	unicom	unicom	PROPN
fbem-7147	35	46	,	,	PUNCT
fbem-7147	35	47	puts	put	VERB
fbem-7147	35	48	forward	forward	ADV
fbem-7147	35	49	the	the	DET
fbem-7147	35	50	corresponding	correspond	VERB
fbem-7147	35	51	solutions	solution	NOUN
fbem-7147	35	52	to	to	ADP
fbem-7147	35	53	these	these	DET
fbem-7147	35	54	problems	problem	NOUN
fbem-7147	35	55	exposed	expose	VERB
fbem-7147	35	56	by	by	ADP
fbem-7147	35	57	china	china	PROPN
fbem-7147	35	58	unicom	unicom	PROPN
fbem-7147	35	59	,	,	PUNCT
fbem-7147	35	60	so	so	SCONJ
fbem-7147	35	61	as	as	SCONJ
fbem-7147	35	62	to	to	PART
fbem-7147	35	63	better	well	ADV
fbem-7147	35	64	improve	improve	VERB
fbem-7147	35	65	the	the	DET
fbem-7147	35	66	corporate	corporate	ADJ
fbem-7147	35	67	governance	governance	NOUN
fbem-7147	35	68	of	of	ADP
fbem-7147	35	69	china	china	PROPN
fbem-7147	35	70	unicom	unicom	PROPN
fbem-7147	35	71	.	.	PUNCT
fbem-7147	35	72	1.5	1.5	NUM
fbem-7147	35	73	.	.	PUNCT
fbem-7147	36	1	research	research	NOUN
fbem-7147	36	2	significance	significance	NOUN
fbem-7147	36	3	based	base	VERB
fbem-7147	36	4	on	on	ADP
fbem-7147	36	5	the	the	DET
fbem-7147	36	6	analysis	analysis	NOUN
fbem-7147	36	7	of	of	ADP
fbem-7147	36	8	the	the	DET
fbem-7147	36	9	changes	change	NOUN
fbem-7147	36	10	in	in	ADP
fbem-7147	36	11	the	the	DET
fbem-7147	36	12	composition	composition	NOUN
fbem-7147	36	13	of	of	ADP
fbem-7147	36	14	controlling	control	VERB
fbem-7147	36	15	shareholders	shareholder	NOUN
fbem-7147	36	16	in	in	ADP
fbem-7147	36	17	the	the	DET
fbem-7147	36	18	mixed	mixed	ADJ
fbem-7147	36	19	ownership	ownership	NOUN
fbem-7147	36	20	reform	reform	NOUN
fbem-7147	36	21	of	of	ADP
fbem-7147	36	22	china	china	PROPN
fbem-7147	36	23	unicom	unicom	PROPN
fbem-7147	36	24	,	,	PUNCT
fbem-7147	36	25	this	this	DET
fbem-7147	36	26	paper	paper	NOUN
fbem-7147	36	27	analyzes	analyze	VERB
fbem-7147	36	28	the	the	DET
fbem-7147	36	29	impact	impact	NOUN
fbem-7147	36	30	of	of	ADP
fbem-7147	36	31	specific	specific	ADJ
fbem-7147	36	32	practical	practical	ADJ
fbem-7147	36	33	measures	measure	NOUN
fbem-7147	36	34	on	on	ADP
fbem-7147	36	35	the	the	DET
fbem-7147	36	36	overall	overall	ADJ
fbem-7147	36	37	operating	operating	NOUN
fbem-7147	36	38	performance	performance	NOUN
fbem-7147	36	39	of	of	ADP
fbem-7147	36	40	china	china	PROPN
fbem-7147	36	41	unicom	unicom	PROPN
fbem-7147	36	42	,	,	PUNCT
fbem-7147	36	43	such	such	ADJ
fbem-7147	36	44	as	as	ADP
fbem-7147	36	45	the	the	DET
fbem-7147	36	46	change	change	NOUN
fbem-7147	36	47	of	of	ADP
fbem-7147	36	48	board	board	NOUN
fbem-7147	36	49	members	member	NOUN
fbem-7147	36	50	,	,	PUNCT
fbem-7147	36	51	the	the	DET
fbem-7147	36	52	change	change	NOUN
fbem-7147	36	53	of	of	ADP
fbem-7147	36	54	employee	employee	NOUN
fbem-7147	36	55	incentive	incentive	NOUN
fbem-7147	36	56	policies	policy	NOUN
fbem-7147	36	57	,	,	PUNCT
fbem-7147	36	58	and	and	CCONJ
fbem-7147	36	59	the	the	DET
fbem-7147	36	60	improvement	improvement	NOUN
fbem-7147	36	61	of	of	ADP
fbem-7147	36	62	enterprise	enterprise	NOUN
fbem-7147	36	63	's	's	PART
fbem-7147	36	64	ability	ability	NOUN
fbem-7147	36	65	to	to	PART
fbem-7147	36	66	resist	resist	VERB
fbem-7147	36	67	risks	risk	NOUN
fbem-7147	36	68	,	,	PUNCT
fbem-7147	36	69	and	and	CCONJ
fbem-7147	36	70	draws	draw	VERB
fbem-7147	36	71	conclusions	conclusion	NOUN
fbem-7147	36	72	and	and	CCONJ
fbem-7147	36	73	suggestions	suggestion	NOUN
fbem-7147	36	74	.	.	PUNCT
fbem-7147	37	1	the	the	DET
fbem-7147	37	2	significance	significance	NOUN
fbem-7147	37	3	of	of	ADP
fbem-7147	37	4	this	this	DET
fbem-7147	37	5	study	study	NOUN
fbem-7147	37	6	is	be	AUX
fbem-7147	37	7	divided	divide	VERB
fbem-7147	37	8	into	into	ADP
fbem-7147	37	9	theoretical	theoretical	ADJ
fbem-7147	37	10	significance	significance	NOUN
fbem-7147	37	11	and	and	CCONJ
fbem-7147	37	12	practical	practical	ADJ
fbem-7147	37	13	significance	significance	NOUN
fbem-7147	37	14	.	.	PUNCT
fbem-7147	38	1	in	in	ADP
fbem-7147	38	2	terms	term	NOUN
fbem-7147	38	3	of	of	ADP
fbem-7147	38	4	theoretical	theoretical	ADJ
fbem-7147	38	5	significance	significance	NOUN
fbem-7147	38	6	,	,	PUNCT
fbem-7147	38	7	with	with	ADP
fbem-7147	38	8	the	the	DET
fbem-7147	38	9	continuous	continuous	ADJ
fbem-7147	38	10	optimization	optimization	NOUN
fbem-7147	38	11	of	of	ADP
fbem-7147	38	12	the	the	DET
fbem-7147	38	13	reform	reform	NOUN
fbem-7147	38	14	of	of	ADP
fbem-7147	38	15	mixed	mixed	ADJ
fbem-7147	38	16	ownership	ownership	NOUN
fbem-7147	38	17	of	of	ADP
fbem-7147	38	18	state	state	NOUN
fbem-7147	38	19	-	-	PUNCT
fbem-7147	38	20	owned	own	VERB
fbem-7147	38	21	enterprises	enterprise	NOUN
fbem-7147	38	22	in	in	ADP
fbem-7147	38	23	china	china	PROPN
fbem-7147	38	24	,	,	PUNCT
fbem-7147	38	25	chinese	chinese	ADJ
fbem-7147	38	26	enterprises	enterprise	NOUN
fbem-7147	38	27	have	have	AUX
fbem-7147	38	28	gradually	gradually	ADV
fbem-7147	38	29	formed	form	VERB
fbem-7147	38	30	a	a	DET
fbem-7147	38	31	reform	reform	NOUN
fbem-7147	38	32	model	model	NOUN
fbem-7147	38	33	aimed	aim	VERB
fbem-7147	38	34	at	at	ADP
fbem-7147	38	35	establishing	establish	VERB
fbem-7147	38	36	a	a	DET
fbem-7147	38	37	modern	modern	ADJ
fbem-7147	38	38	enterprise	enterprise	NOUN
fbem-7147	38	39	system	system	NOUN
fbem-7147	38	40	.	.	PUNCT
fbem-7147	39	1	scholars	scholar	NOUN
fbem-7147	39	2	have	have	VERB
fbem-7147	39	3	rich	rich	ADJ
fbem-7147	39	4	research	research	NOUN
fbem-7147	39	5	and	and	CCONJ
fbem-7147	39	6	literature	literature	NOUN
fbem-7147	39	7	on	on	ADP
fbem-7147	39	8	the	the	DET
fbem-7147	39	9	corporate	corporate	ADJ
fbem-7147	39	10	governance	governance	NOUN
fbem-7147	39	11	of	of	ADP
fbem-7147	39	12	chinese	chinese	ADJ
fbem-7147	39	13	state	state	NOUN
fbem-7147	39	14	-	-	PUNCT
fbem-7147	39	15	owned	own	VERB
fbem-7147	39	16	enterprises	enterprise	NOUN
fbem-7147	39	17	under	under	ADP
fbem-7147	39	18	the	the	DET
fbem-7147	39	19	reform	reform	NOUN
fbem-7147	39	20	of	of	ADP
fbem-7147	39	21	mixed	mixed	ADJ
fbem-7147	39	22	ownership	ownership	NOUN
fbem-7147	39	23	.	.	PUNCT
fbem-7147	40	1	however	however	ADV
fbem-7147	40	2	,	,	PUNCT
fbem-7147	40	3	under	under	ADP
fbem-7147	40	4	the	the	DET
fbem-7147	40	5	influence	influence	NOUN
fbem-7147	40	6	of	of	ADP
fbem-7147	40	7	favorable	favorable	ADJ
fbem-7147	40	8	policies	policy	NOUN
fbem-7147	40	9	issued	issue	VERB
fbem-7147	40	10	by	by	ADP
fbem-7147	40	11	the	the	DET
fbem-7147	40	12	government	government	NOUN
fbem-7147	40	13	,	,	PUNCT
fbem-7147	40	14	such	such	ADJ
fbem-7147	40	15	as	as	ADP
fbem-7147	40	16	the	the	DET
fbem-7147	40	17	rise	rise	NOUN
fbem-7147	40	18	of	of	ADP
fbem-7147	40	19	the	the	DET
fbem-7147	40	20	stock	stock	NOUN
fbem-7147	40	21	market	market	NOUN
fbem-7147	40	22	or	or	CCONJ
fbem-7147	40	23	the	the	DET
fbem-7147	40	24	steady	steady	ADJ
fbem-7147	40	25	rise	rise	NOUN
fbem-7147	40	26	of	of	ADP
fbem-7147	40	27	international	international	ADJ
fbem-7147	40	28	market	market	NOUN
fbem-7147	40	29	demand	demand	NOUN
fbem-7147	40	30	,	,	PUNCT
fbem-7147	40	31	there	there	PRON
fbem-7147	40	32	are	be	VERB
fbem-7147	40	33	relatively	relatively	ADV
fbem-7147	40	34	few	few	ADJ
fbem-7147	40	35	literatures	literature	NOUN
fbem-7147	40	36	on	on	ADP
fbem-7147	40	37	whether	whether	SCONJ
fbem-7147	40	38	chinese	chinese	ADJ
fbem-7147	40	39	state	state	NOUN
fbem-7147	40	40	-	-	PUNCT
fbem-7147	40	41	owned	own	VERB
fbem-7147	40	42	enterprises	enterprise	NOUN
fbem-7147	40	43	need	need	VERB
fbem-7147	40	44	to	to	PART
fbem-7147	40	45	learn	learn	VERB
fbem-7147	40	46	the	the	DET
fbem-7147	40	47	management	management	NOUN
fbem-7147	40	48	mode	mode	NOUN
fbem-7147	40	49	of	of	ADP
fbem-7147	40	50	private	private	ADJ
fbem-7147	40	51	enterprises	enterprise	NOUN
fbem-7147	40	52	,	,	PUNCT
fbem-7147	40	53	rapidly	rapidly	ADV
fbem-7147	40	54	change	change	VERB
fbem-7147	40	55	the	the	DET
fbem-7147	40	56	governance	governance	NOUN
fbem-7147	40	57	mechanism	mechanism	NOUN
fbem-7147	40	58	,	,	PUNCT
fbem-7147	40	59	firmly	firmly	ADV
fbem-7147	40	60	grasp	grasp	VERB
fbem-7147	40	61	the	the	DET
fbem-7147	40	62	development	development	NOUN
fbem-7147	40	63	opportunities	opportunity	NOUN
fbem-7147	40	64	,	,	PUNCT
fbem-7147	40	65	and	and	CCONJ
fbem-7147	40	66	how	how	SCONJ
fbem-7147	40	67	to	to	PART
fbem-7147	40	68	balance	balance	VERB
fbem-7147	40	69	the	the	DET
fbem-7147	40	70	development	development	NOUN
fbem-7147	40	71	opportunities	opportunity	NOUN
fbem-7147	40	72	and	and	CCONJ
fbem-7147	40	73	operational	operational	ADJ
fbem-7147	40	74	risks	risk	NOUN
fbem-7147	40	75	(	(	PUNCT
fbem-7147	40	76	tian	tian	ADJ
fbem-7147	40	77	,	,	PUNCT
fbem-7147	40	78	2005	2005	NUM
fbem-7147	40	79	)	)	PUNCT
fbem-7147	40	80	.	.	PUNCT
fbem-7147	41	1	the	the	DET
fbem-7147	41	2	research	research	NOUN
fbem-7147	41	3	of	of	ADP
fbem-7147	41	4	this	this	DET
fbem-7147	41	5	paper	paper	NOUN
fbem-7147	41	6	can	can	AUX
fbem-7147	41	7	further	far	ADV
fbem-7147	41	8	enrich	enrich	VERB
fbem-7147	41	9	the	the	DET
fbem-7147	41	10	theoretical	theoretical	ADJ
fbem-7147	41	11	research	research	NOUN
fbem-7147	41	12	of	of	ADP
fbem-7147	41	13	state	state	NOUN
fbem-7147	41	14	-	-	PUNCT
fbem-7147	41	15	owned	own	VERB
fbem-7147	41	16	enterprises	enterprise	NOUN
fbem-7147	41	17	participating	participate	VERB
fbem-7147	41	18	in	in	ADP
fbem-7147	41	19	the	the	DET
fbem-7147	41	20	reform	reform	NOUN
fbem-7147	41	21	of	of	ADP
fbem-7147	41	22	mixed	mixed	ADJ
fbem-7147	41	23	ownership	ownership	NOUN
fbem-7147	41	24	and	and	CCONJ
fbem-7147	41	25	optimizing	optimize	VERB
fbem-7147	41	26	corporate	corporate	ADJ
fbem-7147	41	27	governance	governance	NOUN
fbem-7147	41	28	under	under	ADP
fbem-7147	41	29	the	the	DET
fbem-7147	41	30	opportunity	opportunity	NOUN
fbem-7147	41	31	of	of	ADP
fbem-7147	41	32	industrial	industrial	ADJ
fbem-7147	41	33	development	development	NOUN
fbem-7147	41	34	.	.	PUNCT
fbem-7147	42	1	in	in	ADP
fbem-7147	42	2	terms	term	NOUN
fbem-7147	42	3	of	of	ADP
fbem-7147	42	4	practical	practical	ADJ
fbem-7147	42	5	significance	significance	NOUN
fbem-7147	42	6	,	,	PUNCT
fbem-7147	42	7	it	it	PRON
fbem-7147	42	8	clarifies	clarify	VERB
fbem-7147	42	9	the	the	DET
fbem-7147	42	10	specific	specific	ADJ
fbem-7147	42	11	impact	impact	NOUN
fbem-7147	42	12	of	of	ADP
fbem-7147	42	13	the	the	DET
fbem-7147	42	14	reform	reform	NOUN
fbem-7147	42	15	of	of	ADP
fbem-7147	42	16	mixed	mixed	ADJ
fbem-7147	42	17	ownership	ownership	NOUN
fbem-7147	42	18	of	of	ADP
fbem-7147	42	19	china	china	PROPN
fbem-7147	42	20	unicom	unicom	PROPN
fbem-7147	42	21	on	on	ADP
fbem-7147	42	22	the	the	DET
fbem-7147	42	23	operation	operation	NOUN
fbem-7147	42	24	of	of	ADP
fbem-7147	42	25	enterprises	enterprise	NOUN
fbem-7147	42	26	by	by	ADP
fbem-7147	42	27	optimizing	optimize	VERB
fbem-7147	42	28	corporate	corporate	ADJ
fbem-7147	42	29	governance	governance	NOUN
fbem-7147	42	30	.	.	PUNCT
fbem-7147	43	1	in	in	ADP
fbem-7147	43	2	the	the	DET
fbem-7147	43	3	context	context	NOUN
fbem-7147	43	4	of	of	ADP
fbem-7147	43	5	the	the	DET
fbem-7147	43	6	rapid	rapid	ADJ
fbem-7147	43	7	development	development	NOUN
fbem-7147	43	8	of	of	ADP
fbem-7147	43	9	the	the	DET
fbem-7147	43	10	telecommunications	telecommunication	NOUN
fbem-7147	43	11	industry	industry	NOUN
fbem-7147	43	12	,	,	PUNCT
fbem-7147	43	13	china	china	PROPN
fbem-7147	43	14	unicom	unicom	PROPN
fbem-7147	43	15	,	,	PUNCT
fbem-7147	43	16	the	the	DET
fbem-7147	43	17	subject	subject	NOUN
fbem-7147	43	18	of	of	ADP
fbem-7147	43	19	this	this	DET
fbem-7147	43	20	case	case	NOUN
fbem-7147	43	21	study	study	NOUN
fbem-7147	43	22	,	,	PUNCT
fbem-7147	43	23	seems	seem	VERB
fbem-7147	43	24	to	to	PART
fbem-7147	43	25	have	have	AUX
fbem-7147	43	26	been	be	AUX
fbem-7147	43	27	unable	unable	ADJ
fbem-7147	43	28	to	to	PART
fbem-7147	43	29	adapt	adapt	VERB
fbem-7147	43	30	to	to	ADP
fbem-7147	43	31	the	the	DET
fbem-7147	43	32	trend	trend	NOUN
fbem-7147	43	33	of	of	ADP
fbem-7147	43	34	the	the	DET
fbem-7147	43	35	rapid	rapid	ADJ
fbem-7147	43	36	development	development	NOUN
fbem-7147	43	37	of	of	ADP
fbem-7147	43	38	china	china	PROPN
fbem-7147	43	39	's	's	PART
fbem-7147	43	40	state	state	NOUN
fbem-7147	43	41	-	-	PUNCT
fbem-7147	43	42	owned	own	VERB
fbem-7147	43	43	enterprises	enterprise	NOUN
fbem-7147	43	44	in	in	ADP
fbem-7147	43	45	the	the	DET
fbem-7147	43	46	process	process	NOUN
fbem-7147	43	47	of	of	ADP
fbem-7147	43	48	examination	examination	NOUN
fbem-7147	43	49	and	and	CCONJ
fbem-7147	43	50	approval	approval	NOUN
fbem-7147	43	51	,	,	PUNCT
fbem-7147	43	52	corporate	corporate	ADJ
fbem-7147	43	53	governance	governance	NOUN
fbem-7147	43	54	policies	policy	NOUN
fbem-7147	43	55	and	and	CCONJ
fbem-7147	43	56	policies	policy	NOUN
fbem-7147	43	57	are	be	AUX
fbem-7147	43	58	conservative	conservative	ADJ
fbem-7147	43	59	and	and	CCONJ
fbem-7147	43	60	cautious	cautious	ADJ
fbem-7147	43	61	.	.	PUNCT
fbem-7147	44	1	the	the	DET
fbem-7147	44	2	use	use	NOUN
fbem-7147	44	3	of	of	ADP
fbem-7147	44	4	private	private	ADJ
fbem-7147	44	5	enterprise	enterprise	NOUN
fbem-7147	44	6	management	management	NOUN
fbem-7147	44	7	means	mean	VERB
fbem-7147	44	8	such	such	ADJ
fbem-7147	44	9	as	as	ADP
fbem-7147	44	10	equity	equity	NOUN
fbem-7147	44	11	change	change	NOUN
fbem-7147	44	12	not	not	PART
fbem-7147	44	13	only	only	ADV
fbem-7147	44	14	introduces	introduce	VERB
fbem-7147	44	15	the	the	DET
fbem-7147	44	16	concept	concept	NOUN
fbem-7147	44	17	of	of	ADP
fbem-7147	44	18	private	private	ADJ
fbem-7147	44	19	enterprise	enterprise	NOUN
fbem-7147	44	20	management	management	NOUN
fbem-7147	44	21	,	,	PUNCT
fbem-7147	44	22	but	but	CCONJ
fbem-7147	44	23	also	also	ADV
fbem-7147	44	24	conforms	conform	VERB
fbem-7147	44	25	to	to	ADP
fbem-7147	44	26	the	the	DET
fbem-7147	44	27	development	development	NOUN
fbem-7147	44	28	trend	trend	NOUN
fbem-7147	44	29	of	of	ADP
fbem-7147	44	30	enterprises	enterprise	NOUN
fbem-7147	44	31	and	and	CCONJ
fbem-7147	44	32	industries	industry	NOUN
fbem-7147	44	33	(	(	PUNCT
fbem-7147	44	34	tian	tian	ADJ
fbem-7147	44	35	,	,	PUNCT
fbem-7147	44	36	2005	2005	NUM
fbem-7147	44	37	)	)	PUNCT
fbem-7147	44	38	.	.	PUNCT
fbem-7147	45	1	this	this	DET
fbem-7147	45	2	paper	paper	NOUN
fbem-7147	45	3	analyzes	analyze	VERB
fbem-7147	45	4	the	the	DET
fbem-7147	45	5	impact	impact	NOUN
fbem-7147	45	6	of	of	ADP
fbem-7147	45	7	the	the	DET
fbem-7147	45	8	change	change	NOUN
fbem-7147	45	9	of	of	ADP
fbem-7147	45	10	china	china	PROPN
fbem-7147	45	11	unicom	unicom	PROPN
fbem-7147	45	12	's	's	PART
fbem-7147	45	13	corporate	corporate	ADJ
fbem-7147	45	14	governance	governance	NOUN
fbem-7147	45	15	mechanism	mechanism	NOUN
fbem-7147	45	16	,	,	PUNCT
fbem-7147	45	17	which	which	PRON
fbem-7147	45	18	can	can	AUX
fbem-7147	45	19	provide	provide	VERB
fbem-7147	45	20	a	a	DET
fbem-7147	45	21	reference	reference	NOUN
fbem-7147	45	22	for	for	ADP
fbem-7147	45	23	other	other	ADJ
fbem-7147	45	24	traditional	traditional	ADJ
fbem-7147	45	25	industries	industry	NOUN
fbem-7147	45	26	participating	participate	VERB
fbem-7147	45	27	in	in	ADP
fbem-7147	45	28	the	the	DET
fbem-7147	45	29	reform	reform	NOUN
fbem-7147	45	30	of	of	ADP
fbem-7147	45	31	mixed	mixed	ADJ
fbem-7147	45	32	ownership	ownership	NOUN
fbem-7147	45	33	in	in	ADP
fbem-7147	45	34	corporate	corporate	ADJ
fbem-7147	45	35	governance	governance	NOUN
fbem-7147	45	36	.	.	PUNCT
fbem-7147	46	1	1.6	1.6	NUM
fbem-7147	46	2	.	.	PUNCT
fbem-7147	47	1	theoretical	theoretical	ADJ
fbem-7147	47	2	framework	framework	NOUN
fbem-7147	47	3	principal	principal	ADJ
fbem-7147	47	4	-	-	PUNCT
fbem-7147	47	5	agent	agent	NOUN
fbem-7147	47	6	theory	theory	NOUN
fbem-7147	47	7	:	:	PUNCT
fbem-7147	47	8	in	in	ADP
fbem-7147	47	9	the	the	DET
fbem-7147	47	10	principal	principal	ADJ
fbem-7147	47	11	-	-	PUNCT
fbem-7147	47	12	agent	agent	NOUN
fbem-7147	47	13	theory	theory	NOUN
fbem-7147	47	14	,	,	PUNCT
fbem-7147	47	15	the	the	DET
fbem-7147	47	16	enterprise	enterprise	NOUN
fbem-7147	47	17	should	should	AUX
fbem-7147	47	18	separate	separate	VERB
fbem-7147	47	19	the	the	DET
fbem-7147	47	20	ownership	ownership	NOUN
fbem-7147	47	21	from	from	ADP
fbem-7147	47	22	the	the	DET
fbem-7147	47	23	management	management	NOUN
fbem-7147	47	24	right	right	NOUN
fbem-7147	47	25	,	,	PUNCT
fbem-7147	47	26	and	and	CCONJ
fbem-7147	47	27	the	the	DET
fbem-7147	47	28	owner	owner	NOUN
fbem-7147	47	29	of	of	ADP
fbem-7147	47	30	the	the	DET
fbem-7147	47	31	enterprise	enterprise	NOUN
fbem-7147	47	32	should	should	AUX
fbem-7147	47	33	grant	grant	VERB
fbem-7147	47	34	the	the	DET
fbem-7147	47	35	management	management	NOUN
fbem-7147	47	36	right	right	NOUN
fbem-7147	47	37	to	to	ADP
fbem-7147	47	38	the	the	DET
fbem-7147	47	39	professional	professional	ADJ
fbem-7147	47	40	manager	manager	NOUN
fbem-7147	47	41	while	while	SCONJ
fbem-7147	47	42	retaining	retain	VERB
fbem-7147	47	43	the	the	DET
fbem-7147	47	44	supervision	supervision	NOUN
fbem-7147	47	45	right	right	NOUN
fbem-7147	47	46	of	of	ADP
fbem-7147	47	47	the	the	DET
fbem-7147	47	48	enterprise	enterprise	NOUN
fbem-7147	47	49	.	.	PUNCT
fbem-7147	48	1	the	the	DET
fbem-7147	48	2	basic	basic	ADJ
fbem-7147	48	3	professional	professional	ADJ
fbem-7147	48	4	division	division	NOUN
fbem-7147	48	5	of	of	ADP
fbem-7147	48	6	labor	labor	NOUN
fbem-7147	48	7	allows	allow	VERB
fbem-7147	48	8	professional	professional	ADJ
fbem-7147	48	9	people	people	NOUN
fbem-7147	48	10	to	to	PART
fbem-7147	48	11	do	do	VERB
fbem-7147	48	12	professional	professional	ADJ
fbem-7147	48	13	things	thing	NOUN
fbem-7147	48	14	to	to	PART
fbem-7147	48	15	improve	improve	VERB
fbem-7147	48	16	the	the	DET
fbem-7147	48	17	efficiency	efficiency	NOUN
fbem-7147	48	18	of	of	ADP
fbem-7147	48	19	enterprise	enterprise	NOUN
fbem-7147	48	20	operation	operation	NOUN
fbem-7147	48	21	(	(	PUNCT
fbem-7147	48	22	pan	pan	NOUN
fbem-7147	48	23	,	,	PUNCT
fbem-7147	48	24	2015	2015	NUM
fbem-7147	48	25	)	)	PUNCT
fbem-7147	48	26	.	.	PUNCT
fbem-7147	49	1	the	the	DET
fbem-7147	49	2	company	company	NOUN
fbem-7147	49	3	signs	sign	VERB
fbem-7147	49	4	contracts	contract	NOUN
fbem-7147	49	5	with	with	ADP
fbem-7147	49	6	professional	professional	ADJ
fbem-7147	49	7	managers	manager	NOUN
fbem-7147	49	8	,	,	PUNCT
fbem-7147	49	9	who	who	PRON
fbem-7147	49	10	provide	provide	VERB
fbem-7147	49	11	professional	professional	ADJ
fbem-7147	49	12	services	service	NOUN
fbem-7147	49	13	for	for	ADP
fbem-7147	49	14	them	they	PRON
fbem-7147	49	15	,	,	PUNCT
fbem-7147	49	16	and	and	CCONJ
fbem-7147	49	17	the	the	DET
fbem-7147	49	18	company	company	NOUN
fbem-7147	49	19	pays	pay	VERB
fbem-7147	49	20	corresponding	corresponding	ADJ
fbem-7147	49	21	remuneration	remuneration	NOUN
fbem-7147	49	22	according	accord	VERB
fbem-7147	49	23	to	to	ADP
fbem-7147	49	24	the	the	DET
fbem-7147	49	25	services	service	NOUN
fbem-7147	49	26	and	and	CCONJ
fbem-7147	49	27	benefits	benefit	NOUN
fbem-7147	49	28	provided	provide	VERB
fbem-7147	49	29	by	by	ADP
fbem-7147	49	30	the	the	DET
fbem-7147	49	31	managers	manager	NOUN
fbem-7147	49	32	.	.	PUNCT
fbem-7147	50	1	the	the	DET
fbem-7147	50	2	owner	owner	NOUN
fbem-7147	50	3	wants	want	VERB
fbem-7147	50	4	to	to	PART
fbem-7147	50	5	maximize	maximize	VERB
fbem-7147	50	6	the	the	DET
fbem-7147	50	7	profit	profit	NOUN
fbem-7147	50	8	of	of	ADP
fbem-7147	50	9	the	the	DET
fbem-7147	50	10	company	company	NOUN
fbem-7147	50	11	,	,	PUNCT
fbem-7147	50	12	while	while	SCONJ
fbem-7147	50	13	the	the	DET
fbem-7147	50	14	agent	agent	NOUN
fbem-7147	50	15	wants	want	VERB
fbem-7147	50	16	to	to	PART
fbem-7147	50	17	maximize	maximize	VERB
fbem-7147	50	18	his	his	PRON
fbem-7147	50	19	own	own	ADJ
fbem-7147	50	20	interests	interest	NOUN
fbem-7147	50	21	,	,	PUNCT
fbem-7147	50	22	so	so	SCONJ
fbem-7147	50	23	a	a	DET
fbem-7147	50	24	new	new	ADJ
fbem-7147	50	25	principal	principal	ADJ
fbem-7147	50	26	-	-	PUNCT
fbem-7147	50	27	agent	agent	NOUN
fbem-7147	50	28	problem	problem	NOUN
fbem-7147	50	29	arises	arise	VERB
fbem-7147	50	30	.	.	PUNCT
fbem-7147	51	1	because	because	SCONJ
fbem-7147	51	2	the	the	DET
fbem-7147	51	3	interests	interest	NOUN
fbem-7147	51	4	of	of	ADP
fbem-7147	51	5	the	the	DET
fbem-7147	51	6	principal	principal	NOUN
fbem-7147	51	7	and	and	CCONJ
fbem-7147	51	8	the	the	DET
fbem-7147	51	9	agent	agent	NOUN
fbem-7147	51	10	are	be	AUX
fbem-7147	51	11	not	not	PART
fbem-7147	51	12	completely	completely	ADV
fbem-7147	51	13	consistent	consistent	ADJ
fbem-7147	51	14	and	and	CCONJ
fbem-7147	51	15	the	the	DET
fbem-7147	51	16	information	information	NOUN
fbem-7147	51	17	is	be	AUX
fbem-7147	51	18	asymmetric	asymmetric	ADJ
fbem-7147	51	19	,	,	PUNCT
fbem-7147	51	20	it	it	PRON
fbem-7147	51	21	may	may	AUX
fbem-7147	51	22	lead	lead	VERB
fbem-7147	51	23	to	to	ADP
fbem-7147	51	24	opportunistic	opportunistic	ADJ
fbem-7147	51	25	behavior	behavior	NOUN
fbem-7147	51	26	of	of	ADP
fbem-7147	51	27	the	the	DET
fbem-7147	51	28	agent	agent	NOUN
fbem-7147	51	29	,	,	PUNCT
fbem-7147	51	30	using	use	VERB
fbem-7147	51	31	the	the	DET
fbem-7147	51	32	information	information	NOUN
fbem-7147	51	33	advantage	advantage	NOUN
fbem-7147	51	34	to	to	PART
fbem-7147	51	35	bypass	bypass	VERB
fbem-7147	51	36	the	the	DET
fbem-7147	51	37	supervision	supervision	NOUN
fbem-7147	51	38	for	for	ADP
fbem-7147	51	39	their	their	PRON
fbem-7147	51	40	own	own	ADJ
fbem-7147	51	41	benefit	benefit	NOUN
fbem-7147	51	42	,	,	PUNCT
fbem-7147	51	43	which	which	PRON
fbem-7147	51	44	damages	damage	VERB
fbem-7147	51	45	the	the	DET
fbem-7147	51	46	interests	interest	NOUN
fbem-7147	51	47	of	of	ADP
fbem-7147	51	48	the	the	DET
fbem-7147	51	49	principal	principal	NOUN
fbem-7147	51	50	,	,	PUNCT
fbem-7147	51	51	which	which	PRON
fbem-7147	51	52	is	be	AUX
fbem-7147	51	53	the	the	DET
fbem-7147	51	54	first	first	ADJ
fbem-7147	51	55	contradiction	contradiction	NOUN
fbem-7147	51	56	of	of	ADP
fbem-7147	51	57	the	the	DET
fbem-7147	51	58	principal	principal	ADJ
fbem-7147	51	59	-	-	PUNCT
fbem-7147	51	60	agent	agent	NOUN
fbem-7147	51	61	problem	problem	NOUN
fbem-7147	51	62	(	(	PUNCT
fbem-7147	51	63	qin	qin	INTJ
fbem-7147	51	64	,	,	PUNCT
fbem-7147	51	65	2015	2015	NUM
fbem-7147	51	66	)	)	PUNCT
fbem-7147	51	67	.	.	PUNCT
fbem-7147	52	1	at	at	ADP
fbem-7147	52	2	the	the	DET
fbem-7147	52	3	same	same	ADJ
fbem-7147	52	4	time	time	NOUN
fbem-7147	52	5	,	,	PUNCT
fbem-7147	52	6	due	due	ADP
fbem-7147	52	7	to	to	ADP
fbem-7147	52	8	the	the	DET
fbem-7147	52	9	inconsistency	inconsistency	NOUN
fbem-7147	52	10	of	of	ADP
fbem-7147	52	11	the	the	DET
fbem-7147	52	12	owner	owner	NOUN
fbem-7147	52	13	's	's	PART
fbem-7147	52	14	rights	right	NOUN
fbem-7147	52	15	and	and	CCONJ
fbem-7147	52	16	interests	interest	NOUN
fbem-7147	52	17	between	between	ADP
fbem-7147	52	18	the	the	DET
fbem-7147	52	19	major	major	ADJ
fbem-7147	52	20	shareholders	shareholder	NOUN
fbem-7147	52	21	and	and	CCONJ
fbem-7147	52	22	the	the	DET
fbem-7147	52	23	minority	minority	NOUN
fbem-7147	52	24	shareholders	shareholder	NOUN
fbem-7147	52	25	in	in	ADP
fbem-7147	52	26	the	the	DET
fbem-7147	52	27	principal	principal	NOUN
fbem-7147	52	28	,	,	PUNCT
fbem-7147	52	29	the	the	DET
fbem-7147	52	30	major	major	ADJ
fbem-7147	52	31	shareholders	shareholder	NOUN
fbem-7147	52	32	have	have	VERB
fbem-7147	52	33	the	the	DET
fbem-7147	52	34	opportunity	opportunity	NOUN
fbem-7147	52	35	to	to	PART
fbem-7147	52	36	use	use	VERB
fbem-7147	52	37	the	the	DET
fbem-7147	52	38	information	information	NOUN
fbem-7147	52	39	difference	difference	NOUN
fbem-7147	52	40	and	and	CCONJ
fbem-7147	52	41	power	power	NOUN
fbem-7147	52	42	to	to	PART
fbem-7147	52	43	encroach	encroach	VERB
fbem-7147	52	44	on	on	ADP
fbem-7147	52	45	the	the	DET
fbem-7147	52	46	interests	interest	NOUN
fbem-7147	52	47	of	of	ADP
fbem-7147	52	48	the	the	DET
fbem-7147	52	49	minority	minority	NOUN
fbem-7147	52	50	shareholders	shareholder	NOUN
fbem-7147	52	51	,	,	PUNCT
fbem-7147	52	52	which	which	PRON
fbem-7147	52	53	is	be	AUX
fbem-7147	52	54	the	the	DET
fbem-7147	52	55	second	second	ADJ
fbem-7147	52	56	contradiction	contradiction	NOUN
fbem-7147	52	57	of	of	ADP
fbem-7147	52	58	the	the	DET
fbem-7147	52	59	principal	principal	ADJ
fbem-7147	52	60	-	-	PUNCT
fbem-7147	52	61	agent	agent	NOUN
fbem-7147	52	62	problem	problem	NOUN
fbem-7147	52	63	(	(	PUNCT
fbem-7147	52	64	qin	qin	INTJ
fbem-7147	52	65	,	,	PUNCT
fbem-7147	52	66	2015	2015	NUM
fbem-7147	52	67	)	)	PUNCT
fbem-7147	52	68	.	.	PUNCT
fbem-7147	53	1	the	the	DET
fbem-7147	53	2	principal	principal	ADJ
fbem-7147	53	3	-	-	PUNCT
fbem-7147	53	4	agent	agent	NOUN
fbem-7147	53	5	cost	cost	NOUN
fbem-7147	53	6	includes	include	VERB
fbem-7147	53	7	supervision	supervision	NOUN
fbem-7147	53	8	cost	cost	NOUN
fbem-7147	53	9	,	,	PUNCT
fbem-7147	53	10	constraint	constraint	NOUN
fbem-7147	53	11	cost	cost	NOUN
fbem-7147	53	12	and	and	CCONJ
fbem-7147	53	13	residual	residual	ADJ
fbem-7147	53	14	loss	loss	NOUN
fbem-7147	53	15	cost	cost	NOUN
fbem-7147	53	16	(	(	PUNCT
fbem-7147	53	17	laffont	laffont	ADJ
fbem-7147	53	18	,	,	PUNCT
fbem-7147	53	19	&	&	CCONJ
fbem-7147	53	20	martimort，2002	martimort，2002	NOUN
fbem-7147	53	21	)	)	PUNCT
fbem-7147	53	22	.	.	PUNCT
fbem-7147	54	1	the	the	DET
fbem-7147	54	2	principal	principal	ADJ
fbem-7147	54	3	-	-	PUNCT
fbem-7147	54	4	agent	agent	NOUN
fbem-7147	54	5	problem	problem	NOUN
fbem-7147	54	6	can	can	AUX
fbem-7147	54	7	be	be	AUX
fbem-7147	54	8	solved	solve	VERB
fbem-7147	54	9	by	by	ADP
fbem-7147	54	10	corporate	corporate	ADJ
fbem-7147	54	11	governance	governance	NOUN
fbem-7147	54	12	,	,	PUNCT
fbem-7147	54	13	and	and	CCONJ
fbem-7147	54	14	the	the	DET
fbem-7147	54	15	rights	right	NOUN
fbem-7147	54	16	and	and	CCONJ
fbem-7147	54	17	interests	interest	NOUN
fbem-7147	54	18	of	of	ADP
fbem-7147	54	19	the	the	DET
fbem-7147	54	20	principal	principal	ADJ
fbem-7147	54	21	owner	owner	NOUN
fbem-7147	54	22	can	can	AUX
fbem-7147	54	23	be	be	AUX
fbem-7147	54	24	safeguarded	safeguard	VERB
fbem-7147	54	25	and	and	CCONJ
fbem-7147	54	26	protected	protect	VERB
fbem-7147	54	27	by	by	ADP
fbem-7147	54	28	law	law	NOUN
fbem-7147	54	29	(	(	PUNCT
fbem-7147	54	30	shleifer	shleifer	PROPN
fbem-7147	54	31	,	,	PUNCT
fbem-7147	54	32	&	&	CCONJ
fbem-7147	54	33	vishny	vishny	PROPN
fbem-7147	54	34	,	,	PUNCT
fbem-7147	54	35	1997).how	1997).how	NUM
fbem-7147	54	36	to	to	PART
fbem-7147	54	37	use	use	VERB
fbem-7147	54	38	corporate	corporate	ADJ
fbem-7147	54	39	governance	governance	NOUN
fbem-7147	54	40	to	to	PART
fbem-7147	54	41	avoid	avoid	VERB
fbem-7147	54	42	principal	principal	ADJ
fbem-7147	54	43	-	-	PUNCT
fbem-7147	54	44	agent	agent	NOUN
fbem-7147	54	45	costs	cost	NOUN
fbem-7147	54	46	by	by	ADP
fbem-7147	54	47	signing	sign	VERB
fbem-7147	54	48	contracts	contract	NOUN
fbem-7147	54	49	and	and	CCONJ
fbem-7147	54	50	improving	improve	VERB
fbem-7147	54	51	the	the	DET
fbem-7147	54	52	agent	agent	NOUN
fbem-7147	54	53	mechanism	mechanism	NOUN
fbem-7147	54	54	has	have	AUX
fbem-7147	54	55	become	become	VERB
fbem-7147	54	56	the	the	DET
fbem-7147	54	57	key	key	ADJ
fbem-7147	54	58	point	point	NOUN
fbem-7147	54	59	to	to	ADP
fbem-7147	54	60	187	187	NUM
fbem-7147	54	61	solve	solve	VERB
fbem-7147	54	62	the	the	DET
fbem-7147	54	63	problem	problem	NOUN
fbem-7147	54	64	(	(	PUNCT
fbem-7147	54	65	zheng	zheng	PROPN
fbem-7147	54	66	,	,	PUNCT
fbem-7147	54	67	2015	2015	NUM
fbem-7147	54	68	)	)	PUNCT
fbem-7147	54	69	.	.	PUNCT
fbem-7147	55	1	china	china	PROPN
fbem-7147	55	2	unicom	unicom	PROPN
fbem-7147	55	3	's	's	PART
fbem-7147	55	4	participation	participation	NOUN
fbem-7147	55	5	in	in	ADP
fbem-7147	55	6	the	the	DET
fbem-7147	55	7	reform	reform	NOUN
fbem-7147	55	8	of	of	ADP
fbem-7147	55	9	mixed	mixed	ADJ
fbem-7147	55	10	ownership	ownership	NOUN
fbem-7147	55	11	,	,	PUNCT
fbem-7147	55	12	on	on	ADP
fbem-7147	55	13	the	the	DET
fbem-7147	55	14	one	one	NUM
fbem-7147	55	15	hand	hand	NOUN
fbem-7147	55	16	,	,	PUNCT
fbem-7147	55	17	introduces	introduce	VERB
fbem-7147	55	18	private	private	ADJ
fbem-7147	55	19	shares	share	NOUN
fbem-7147	55	20	,	,	PUNCT
fbem-7147	55	21	so	so	SCONJ
fbem-7147	55	22	that	that	SCONJ
fbem-7147	55	23	asset	asset	NOUN
fbem-7147	55	24	owners	owner	NOUN
fbem-7147	55	25	have	have	VERB
fbem-7147	55	26	a	a	DET
fbem-7147	55	27	higher	high	ADJ
fbem-7147	55	28	enthusiasm	enthusiasm	NOUN
fbem-7147	55	29	to	to	PART
fbem-7147	55	30	participate	participate	VERB
fbem-7147	55	31	in	in	ADP
fbem-7147	55	32	management	management	NOUN
fbem-7147	55	33	driven	drive	VERB
fbem-7147	55	34	by	by	ADP
fbem-7147	55	35	interests	interest	NOUN
fbem-7147	55	36	,	,	PUNCT
fbem-7147	55	37	on	on	ADP
fbem-7147	55	38	the	the	DET
fbem-7147	55	39	other	other	ADJ
fbem-7147	55	40	hand	hand	NOUN
fbem-7147	55	41	,	,	PUNCT
fbem-7147	55	42	it	it	PRON
fbem-7147	55	43	is	be	AUX
fbem-7147	55	44	more	more	ADV
fbem-7147	55	45	conducive	conducive	ADJ
fbem-7147	55	46	to	to	ADP
fbem-7147	55	47	the	the	DET
fbem-7147	55	48	introduction	introduction	NOUN
fbem-7147	55	49	of	of	ADP
fbem-7147	55	50	corporate	corporate	ADJ
fbem-7147	55	51	governance	governance	NOUN
fbem-7147	55	52	model	model	NOUN
fbem-7147	55	53	of	of	ADP
fbem-7147	55	54	private	private	ADJ
fbem-7147	55	55	enterprises	enterprise	NOUN
fbem-7147	55	56	,	,	PUNCT
fbem-7147	55	57	multi	multi	ADJ
fbem-7147	55	58	-	-	ADJ
fbem-7147	55	59	equity	equity	ADJ
fbem-7147	55	60	checks	check	NOUN
fbem-7147	55	61	and	and	CCONJ
fbem-7147	55	62	balances	balance	NOUN
fbem-7147	55	63	and	and	CCONJ
fbem-7147	55	64	common	common	ADJ
fbem-7147	55	65	development	development	NOUN
fbem-7147	55	66	,	,	PUNCT
fbem-7147	55	67	and	and	CCONJ
fbem-7147	55	68	fundamentally	fundamentally	ADV
fbem-7147	55	69	reduces	reduce	VERB
fbem-7147	55	70	the	the	DET
fbem-7147	55	71	cost	cost	NOUN
fbem-7147	55	72	of	of	ADP
fbem-7147	55	73	principal	principal	NOUN
fbem-7147	55	74	-	-	PUNCT
fbem-7147	55	75	agent	agent	NOUN
fbem-7147	55	76	by	by	ADP
fbem-7147	55	77	optimizing	optimize	VERB
fbem-7147	55	78	the	the	DET
fbem-7147	55	79	composition	composition	NOUN
fbem-7147	55	80	of	of	ADP
fbem-7147	55	81	equity	equity	NOUN
fbem-7147	55	82	.	.	PUNCT
fbem-7147	56	1	in	in	ADP
fbem-7147	56	2	order	order	NOUN
fbem-7147	56	3	to	to	PART
fbem-7147	56	4	avoid	avoid	VERB
fbem-7147	56	5	the	the	DET
fbem-7147	56	6	principal	principal	ADJ
fbem-7147	56	7	-	-	PUNCT
fbem-7147	56	8	agent	agent	NOUN
fbem-7147	56	9	problem	problem	NOUN
fbem-7147	56	10	,	,	PUNCT
fbem-7147	56	11	the	the	DET
fbem-7147	56	12	government	government	NOUN
fbem-7147	56	13	should	should	AUX
fbem-7147	56	14	improve	improve	VERB
fbem-7147	56	15	the	the	DET
fbem-7147	56	16	relevant	relevant	ADJ
fbem-7147	56	17	laws	law	NOUN
fbem-7147	56	18	to	to	PART
fbem-7147	56	19	safeguard	safeguard	VERB
fbem-7147	56	20	the	the	DET
fbem-7147	56	21	rights	right	NOUN
fbem-7147	56	22	and	and	CCONJ
fbem-7147	56	23	interests	interest	NOUN
fbem-7147	56	24	of	of	ADP
fbem-7147	56	25	minority	minority	NOUN
fbem-7147	56	26	shareholders	shareholder	NOUN
fbem-7147	56	27	and	and	CCONJ
fbem-7147	56	28	investors	investor	NOUN
fbem-7147	56	29	(	(	PUNCT
fbem-7147	56	30	miller	miller	NOUN
fbem-7147	56	31	2005	2005	NUM
fbem-7147	56	32	)	)	PUNCT
fbem-7147	56	33	.	.	PUNCT
fbem-7147	57	1	and	and	CCONJ
fbem-7147	57	2	in	in	ADP
fbem-7147	57	3	the	the	DET
fbem-7147	57	4	internal	internal	ADJ
fbem-7147	57	5	environment	environment	NOUN
fbem-7147	57	6	of	of	ADP
fbem-7147	57	7	the	the	DET
fbem-7147	57	8	company	company	NOUN
fbem-7147	57	9	,	,	PUNCT
fbem-7147	57	10	we	we	PRON
fbem-7147	57	11	should	should	AUX
fbem-7147	57	12	improve	improve	VERB
fbem-7147	57	13	corporate	corporate	ADJ
fbem-7147	57	14	governance	governance	NOUN
fbem-7147	57	15	,	,	PUNCT
fbem-7147	57	16	use	use	VERB
fbem-7147	57	17	the	the	DET
fbem-7147	57	18	company	company	NOUN
fbem-7147	57	19	system	system	NOUN
fbem-7147	57	20	to	to	PART
fbem-7147	57	21	safeguard	safeguard	VERB
fbem-7147	57	22	the	the	DET
fbem-7147	57	23	rights	right	NOUN
fbem-7147	57	24	and	and	CCONJ
fbem-7147	57	25	interests	interest	NOUN
fbem-7147	57	26	of	of	ADP
fbem-7147	57	27	shareholders	shareholder	NOUN
fbem-7147	57	28	from	from	ADP
fbem-7147	57	29	top	top	NOUN
fbem-7147	57	30	to	to	ADP
fbem-7147	57	31	bottom	bottom	NOUN
fbem-7147	57	32	,	,	PUNCT
fbem-7147	57	33	and	and	CCONJ
fbem-7147	57	34	use	use	VERB
fbem-7147	57	35	equity	equity	NOUN
fbem-7147	57	36	incentives	incentive	NOUN
fbem-7147	57	37	to	to	PART
fbem-7147	57	38	avoid	avoid	VERB
fbem-7147	57	39	the	the	DET
fbem-7147	57	40	problems	problem	NOUN
fbem-7147	57	41	caused	cause	VERB
fbem-7147	57	42	by	by	ADP
fbem-7147	57	43	principal	principal	ADJ
fbem-7147	57	44	-	-	PUNCT
fbem-7147	57	45	agent	agent	NOUN
fbem-7147	57	46	(	(	PUNCT
fbem-7147	57	47	han	han	PROPN
fbem-7147	57	48	,	,	PUNCT
fbem-7147	57	49	&	&	CCONJ
fbem-7147	57	50	xi	xi	PROPN
fbem-7147	57	51	,	,	PUNCT
fbem-7147	57	52	2021).therefore	2021).therefore	NUM
fbem-7147	57	53	,	,	PUNCT
fbem-7147	57	54	china	china	PROPN
fbem-7147	57	55	unicom	unicom	PROPN
fbem-7147	57	56	's	's	PART
fbem-7147	57	57	participation	participation	NOUN
fbem-7147	57	58	in	in	ADP
fbem-7147	57	59	the	the	DET
fbem-7147	57	60	reform	reform	NOUN
fbem-7147	57	61	of	of	ADP
fbem-7147	57	62	mixed	mixed	ADJ
fbem-7147	57	63	ownership	ownership	NOUN
fbem-7147	57	64	and	and	CCONJ
fbem-7147	57	65	optimization	optimization	NOUN
fbem-7147	57	66	of	of	ADP
fbem-7147	57	67	ownership	ownership	NOUN
fbem-7147	57	68	structure	structure	NOUN
fbem-7147	57	69	are	be	AUX
fbem-7147	57	70	conducive	conducive	ADJ
fbem-7147	57	71	to	to	ADP
fbem-7147	57	72	fully	fully	ADV
fbem-7147	57	73	stimulating	stimulate	VERB
fbem-7147	57	74	the	the	DET
fbem-7147	57	75	development	development	NOUN
fbem-7147	57	76	momentum	momentum	NOUN
fbem-7147	57	77	and	and	CCONJ
fbem-7147	57	78	vitality	vitality	NOUN
fbem-7147	57	79	of	of	ADP
fbem-7147	57	80	china	china	PROPN
fbem-7147	57	81	unicom	unicom	PROPN
fbem-7147	57	82	..	..	PUNCT
fbem-7147	57	83	property	property	NOUN
fbem-7147	57	84	rights	right	NOUN
fbem-7147	57	85	theory	theory	NOUN
fbem-7147	57	86	:	:	PUNCT
fbem-7147	57	87	property	property	NOUN
fbem-7147	57	88	rights	right	NOUN
fbem-7147	57	89	doctrine	doctrine	NOUN
fbem-7147	57	90	holds	hold	VERB
fbem-7147	57	91	that	that	SCONJ
fbem-7147	57	92	in	in	ADP
fbem-7147	57	93	the	the	DET
fbem-7147	57	94	case	case	NOUN
fbem-7147	57	95	of	of	ADP
fbem-7147	57	96	privatization	privatization	NOUN
fbem-7147	57	97	of	of	ADP
fbem-7147	57	98	property	property	NOUN
fbem-7147	57	99	rights	right	NOUN
fbem-7147	57	100	,	,	PUNCT
fbem-7147	57	101	the	the	DET
fbem-7147	57	102	owner	owner	NOUN
fbem-7147	57	103	of	of	ADP
fbem-7147	57	104	property	property	NOUN
fbem-7147	57	105	rights	right	NOUN
fbem-7147	57	106	,	,	PUNCT
fbem-7147	57	107	driven	drive	VERB
fbem-7147	57	108	by	by	ADP
fbem-7147	57	109	interests	interest	NOUN
fbem-7147	57	110	,	,	PUNCT
fbem-7147	57	111	has	have	VERB
fbem-7147	57	112	a	a	DET
fbem-7147	57	113	strong	strong	ADJ
fbem-7147	57	114	motivation	motivation	NOUN
fbem-7147	57	115	to	to	PART
fbem-7147	57	116	participate	participate	VERB
fbem-7147	57	117	in	in	ADP
fbem-7147	57	118	the	the	DET
fbem-7147	57	119	management	management	NOUN
fbem-7147	57	120	of	of	ADP
fbem-7147	57	121	means	mean	NOUN
fbem-7147	57	122	of	of	ADP
fbem-7147	57	123	production	production	NOUN
fbem-7147	57	124	and	and	CCONJ
fbem-7147	57	125	continuously	continuously	ADV
fbem-7147	57	126	improve	improve	VERB
fbem-7147	57	127	the	the	DET
fbem-7147	57	128	production	production	NOUN
fbem-7147	57	129	efficiency	efficiency	NOUN
fbem-7147	57	130	of	of	ADP
fbem-7147	57	131	enterprises	enterprise	NOUN
fbem-7147	57	132	for	for	ADP
fbem-7147	57	133	more	more	ADJ
fbem-7147	57	134	surplus	surplus	ADJ
fbem-7147	57	135	profits	profit	NOUN
fbem-7147	57	136	.	.	PUNCT
fbem-7147	58	1	if	if	SCONJ
fbem-7147	58	2	there	there	PRON
fbem-7147	58	3	is	be	VERB
fbem-7147	58	4	no	no	DET
fbem-7147	58	5	property	property	NOUN
fbem-7147	58	6	right	right	NOUN
fbem-7147	58	7	in	in	ADP
fbem-7147	58	8	the	the	DET
fbem-7147	58	9	social	social	ADJ
fbem-7147	58	10	and	and	CCONJ
fbem-7147	58	11	economic	economic	ADJ
fbem-7147	58	12	system	system	NOUN
fbem-7147	58	13	,	,	PUNCT
fbem-7147	58	14	it	it	PRON
fbem-7147	58	15	will	will	AUX
fbem-7147	58	16	lead	lead	VERB
fbem-7147	58	17	to	to	ADP
fbem-7147	58	18	inefficient	inefficient	ADJ
fbem-7147	58	19	social	social	ADJ
fbem-7147	58	20	operation	operation	NOUN
fbem-7147	58	21	and	and	CCONJ
fbem-7147	58	22	inefficient	inefficient	ADJ
fbem-7147	58	23	allocation	allocation	NOUN
fbem-7147	58	24	of	of	ADP
fbem-7147	58	25	market	market	NOUN
fbem-7147	58	26	resources	resource	NOUN
fbem-7147	58	27	(	(	PUNCT
fbem-7147	58	28	huang	huang	PROPN
fbem-7147	58	29	,	,	PUNCT
fbem-7147	58	30	2020	2020	NUM
fbem-7147	58	31	)	)	PUNCT
fbem-7147	58	32	.	.	PUNCT
fbem-7147	59	1	according	accord	VERB
fbem-7147	59	2	to	to	ADP
fbem-7147	59	3	the	the	DET
fbem-7147	59	4	theory	theory	NOUN
fbem-7147	59	5	of	of	ADP
fbem-7147	59	6	property	property	NOUN
fbem-7147	59	7	rights	right	NOUN
fbem-7147	59	8	,	,	PUNCT
fbem-7147	59	9	property	property	NOUN
fbem-7147	59	10	rights	right	NOUN
fbem-7147	59	11	have	have	VERB
fbem-7147	59	12	four	four	NUM
fbem-7147	59	13	characteristics	characteristic	NOUN
fbem-7147	59	14	:	:	PUNCT
fbem-7147	59	15	clarity	clarity	NOUN
fbem-7147	59	16	,	,	PUNCT
fbem-7147	59	17	exclusiveness	exclusiveness	NOUN
fbem-7147	59	18	,	,	PUNCT
fbem-7147	59	19	transferability	transferability	NOUN
fbem-7147	59	20	and	and	CCONJ
fbem-7147	59	21	operability	operability	NOUN
fbem-7147	59	22	.	.	PUNCT
fbem-7147	60	1	through	through	ADP
fbem-7147	60	2	the	the	DET
fbem-7147	60	3	observation	observation	NOUN
fbem-7147	60	4	of	of	ADP
fbem-7147	60	5	state	state	NOUN
fbem-7147	60	6	-	-	PUNCT
fbem-7147	60	7	owned	own	VERB
fbem-7147	60	8	enterprises	enterprise	NOUN
fbem-7147	60	9	in	in	ADP
fbem-7147	60	10	china	china	PROPN
fbem-7147	60	11	,	,	PUNCT
fbem-7147	60	12	we	we	PRON
fbem-7147	60	13	can	can	AUX
fbem-7147	60	14	find	find	VERB
fbem-7147	60	15	that	that	SCONJ
fbem-7147	60	16	although	although	SCONJ
fbem-7147	60	17	the	the	DET
fbem-7147	60	18	property	property	NOUN
fbem-7147	60	19	rights	right	NOUN
fbem-7147	60	20	of	of	ADP
fbem-7147	60	21	state	state	NOUN
fbem-7147	60	22	-	-	PUNCT
fbem-7147	60	23	owned	own	VERB
fbem-7147	60	24	enterprises	enterprise	NOUN
fbem-7147	60	25	are	be	AUX
fbem-7147	60	26	clear	clear	ADJ
fbem-7147	60	27	,	,	PUNCT
fbem-7147	60	28	the	the	DET
fbem-7147	60	29	property	property	NOUN
fbem-7147	60	30	rights	right	NOUN
fbem-7147	60	31	are	be	AUX
fbem-7147	60	32	owned	own	VERB
fbem-7147	60	33	by	by	ADP
fbem-7147	60	34	the	the	DET
fbem-7147	60	35	state	state	NOUN
fbem-7147	60	36	,	,	PUNCT
fbem-7147	60	37	and	and	CCONJ
fbem-7147	60	38	the	the	DET
fbem-7147	60	39	ownership	ownership	NOUN
fbem-7147	60	40	and	and	CCONJ
fbem-7147	60	41	income	income	NOUN
fbem-7147	60	42	are	be	AUX
fbem-7147	60	43	shared	share	VERB
fbem-7147	60	44	by	by	ADP
fbem-7147	60	45	the	the	DET
fbem-7147	60	46	people	people	NOUN
fbem-7147	60	47	of	of	ADP
fbem-7147	60	48	the	the	DET
fbem-7147	60	49	country	country	NOUN
fbem-7147	60	50	,	,	PUNCT
fbem-7147	60	51	which	which	PRON
fbem-7147	60	52	can	can	AUX
fbem-7147	60	53	not	not	PART
fbem-7147	60	54	avoid	avoid	VERB
fbem-7147	60	55	the	the	DET
fbem-7147	60	56	lack	lack	NOUN
fbem-7147	60	57	of	of	ADP
fbem-7147	60	58	exclusiveness	exclusiveness	NOUN
fbem-7147	60	59	,	,	PUNCT
fbem-7147	60	60	transferability	transferability	NOUN
fbem-7147	60	61	and	and	CCONJ
fbem-7147	60	62	operability	operability	NOUN
fbem-7147	60	63	.	.	PUNCT
fbem-7147	61	1	the	the	DET
fbem-7147	61	2	owner	owner	NOUN
fbem-7147	61	3	of	of	ADP
fbem-7147	61	4	property	property	NOUN
fbem-7147	61	5	rights	right	NOUN
fbem-7147	61	6	is	be	AUX
fbem-7147	61	7	the	the	DET
fbem-7147	61	8	state	state	NOUN
fbem-7147	61	9	,	,	PUNCT
fbem-7147	61	10	which	which	PRON
fbem-7147	61	11	means	mean	VERB
fbem-7147	61	12	that	that	SCONJ
fbem-7147	61	13	managers	manager	NOUN
fbem-7147	61	14	can	can	AUX
fbem-7147	61	15	not	not	PART
fbem-7147	61	16	enjoy	enjoy	VERB
fbem-7147	61	17	the	the	DET
fbem-7147	61	18	operating	operating	NOUN
fbem-7147	61	19	results	result	NOUN
fbem-7147	61	20	of	of	ADP
fbem-7147	61	21	enterprises	enterprise	NOUN
fbem-7147	61	22	exclusively	exclusively	ADV
fbem-7147	61	23	.	.	PUNCT
fbem-7147	62	1	they	they	PRON
fbem-7147	62	2	will	will	AUX
fbem-7147	62	3	not	not	PART
fbem-7147	62	4	run	run	VERB
fbem-7147	62	5	enterprises	enterprise	NOUN
fbem-7147	62	6	driven	drive	VERB
fbem-7147	62	7	by	by	ADP
fbem-7147	62	8	interests	interest	NOUN
fbem-7147	62	9	(	(	PUNCT
fbem-7147	62	10	huang	huang	PROPN
fbem-7147	62	11	,	,	PUNCT
fbem-7147	62	12	2020	2020	NUM
fbem-7147	62	13	)	)	PUNCT
fbem-7147	62	14	.	.	PUNCT
fbem-7147	63	1	this	this	PRON
fbem-7147	63	2	has	have	AUX
fbem-7147	63	3	also	also	ADV
fbem-7147	63	4	led	lead	VERB
fbem-7147	63	5	to	to	ADP
fbem-7147	63	6	the	the	DET
fbem-7147	63	7	wrong	wrong	ADJ
fbem-7147	63	8	business	business	NOUN
fbem-7147	63	9	philosophy	philosophy	NOUN
fbem-7147	63	10	of	of	ADP
fbem-7147	63	11	the	the	DET
fbem-7147	63	12	managers	manager	NOUN
fbem-7147	63	13	of	of	ADP
fbem-7147	63	14	stateowned	stateowne	VERB
fbem-7147	63	15	enterprises	enterprise	NOUN
fbem-7147	63	16	,	,	PUNCT
fbem-7147	63	17	who	who	PRON
fbem-7147	63	18	believe	believe	VERB
fbem-7147	63	19	that	that	SCONJ
fbem-7147	63	20	how	how	SCONJ
fbem-7147	63	21	to	to	PART
fbem-7147	63	22	operate	operate	VERB
fbem-7147	63	23	performance	performance	NOUN
fbem-7147	63	24	is	be	AUX
fbem-7147	63	25	not	not	PART
fbem-7147	63	26	the	the	DET
fbem-7147	63	27	most	most	ADV
fbem-7147	63	28	important	important	ADJ
fbem-7147	63	29	,	,	PUNCT
fbem-7147	63	30	on	on	ADP
fbem-7147	63	31	the	the	DET
fbem-7147	63	32	contrary	contrary	NOUN
fbem-7147	63	33	,	,	PUNCT
fbem-7147	63	34	the	the	DET
fbem-7147	63	35	ultimate	ultimate	ADJ
fbem-7147	63	36	goal	goal	NOUN
fbem-7147	63	37	is	be	AUX
fbem-7147	63	38	to	to	PART
fbem-7147	63	39	steadily	steadily	ADV
fbem-7147	63	40	and	and	CCONJ
fbem-7147	63	41	accurately	accurately	ADV
fbem-7147	63	42	complete	complete	VERB
fbem-7147	63	43	the	the	DET
fbem-7147	63	44	business	business	NOUN
fbem-7147	63	45	indicators	indicator	NOUN
fbem-7147	63	46	assigned	assign	VERB
fbem-7147	63	47	by	by	ADP
fbem-7147	63	48	the	the	DET
fbem-7147	63	49	state	state	NOUN
fbem-7147	63	50	government	government	NOUN
fbem-7147	63	51	at	at	ADP
fbem-7147	63	52	all	all	DET
fbem-7147	63	53	levels	level	NOUN
fbem-7147	63	54	,	,	PUNCT
fbem-7147	63	55	assume	assume	VERB
fbem-7147	63	56	social	social	ADJ
fbem-7147	63	57	responsibility	responsibility	NOUN
fbem-7147	63	58	and	and	CCONJ
fbem-7147	63	59	avoid	avoid	VERB
fbem-7147	63	60	business	business	NOUN
fbem-7147	63	61	risks	risk	NOUN
fbem-7147	63	62	.	.	PUNCT
fbem-7147	64	1	china	china	PROPN
fbem-7147	64	2	once	once	ADV
fbem-7147	64	3	privatized	privatize	VERB
fbem-7147	64	4	state	state	NOUN
fbem-7147	64	5	-	-	PUNCT
fbem-7147	64	6	owned	own	VERB
fbem-7147	64	7	capital	capital	NOUN
fbem-7147	64	8	on	on	ADP
fbem-7147	64	9	the	the	DET
fbem-7147	64	10	grounds	ground	NOUN
fbem-7147	64	11	of	of	ADP
fbem-7147	64	12	"	"	PUNCT
fbem-7147	64	13	clear	clear	ADJ
fbem-7147	64	14	property	property	NOUN
fbem-7147	64	15	rights	right	NOUN
fbem-7147	64	16	"	"	PUNCT
fbem-7147	64	17	,	,	PUNCT
fbem-7147	64	18	which	which	PRON
fbem-7147	64	19	also	also	ADV
fbem-7147	64	20	caused	cause	VERB
fbem-7147	64	21	the	the	DET
fbem-7147	64	22	loss	loss	NOUN
fbem-7147	64	23	of	of	ADP
fbem-7147	64	24	a	a	DET
fbem-7147	64	25	large	large	ADJ
fbem-7147	64	26	number	number	NOUN
fbem-7147	64	27	of	of	ADP
fbem-7147	64	28	state	state	NOUN
fbem-7147	64	29	-	-	PUNCT
fbem-7147	64	30	owned	own	VERB
fbem-7147	64	31	assets	asset	NOUN
fbem-7147	64	32	,	,	PUNCT
fbem-7147	64	33	so	so	ADV
fbem-7147	64	34	maintaining	maintain	VERB
fbem-7147	64	35	the	the	DET
fbem-7147	64	36	value	value	NOUN
fbem-7147	64	37	of	of	ADP
fbem-7147	64	38	state	state	NOUN
fbem-7147	64	39	-	-	PUNCT
fbem-7147	64	40	owned	own	VERB
fbem-7147	64	41	assets	asset	NOUN
fbem-7147	64	42	has	have	AUX
fbem-7147	64	43	become	become	VERB
fbem-7147	64	44	the	the	DET
fbem-7147	64	45	focus	focus	NOUN
fbem-7147	64	46	of	of	ADP
fbem-7147	64	47	the	the	DET
fbem-7147	64	48	management	management	NOUN
fbem-7147	64	49	of	of	ADP
fbem-7147	64	50	state	state	NOUN
fbem-7147	64	51	-	-	PUNCT
fbem-7147	64	52	owned	own	VERB
fbem-7147	64	53	enterprises	enterprise	NOUN
fbem-7147	64	54	,	,	PUNCT
fbem-7147	64	55	and	and	CCONJ
fbem-7147	64	56	the	the	DET
fbem-7147	64	57	lack	lack	NOUN
fbem-7147	64	58	of	of	ADP
fbem-7147	64	59	exclusivity	exclusivity	NOUN
fbem-7147	64	60	of	of	ADP
fbem-7147	64	61	state	state	NOUN
fbem-7147	64	62	-owned	-owned	ADJ
fbem-7147	64	63	enterprise	enterprise	NOUN
fbem-7147	64	64	capital	capital	NOUN
fbem-7147	64	65	means	mean	VERB
fbem-7147	64	66	that	that	SCONJ
fbem-7147	64	67	it	it	PRON
fbem-7147	64	68	has	have	AUX
fbem-7147	64	69	lost	lose	VERB
fbem-7147	64	70	its	its	PRON
fbem-7147	64	71	profit	profit	NOUN
fbem-7147	64	72	incentives	incentive	NOUN
fbem-7147	64	73	.	.	PUNCT
fbem-7147	65	1	the	the	DET
fbem-7147	65	2	power	power	NOUN
fbem-7147	65	3	to	to	PART
fbem-7147	65	4	make	make	VERB
fbem-7147	65	5	decisions	decision	NOUN
fbem-7147	65	6	to	to	PART
fbem-7147	65	7	maximize	maximize	VERB
fbem-7147	65	8	benefits	benefit	NOUN
fbem-7147	65	9	under	under	ADP
fbem-7147	65	10	the	the	DET
fbem-7147	65	11	control	control	NOUN
fbem-7147	65	12	of	of	ADP
fbem-7147	65	13	the	the	DET
fbem-7147	65	14	invisible	invisible	ADJ
fbem-7147	65	15	hand	hand	NOUN
fbem-7147	65	16	of	of	ADP
fbem-7147	65	17	the	the	DET
fbem-7147	65	18	market	market	NOUN
fbem-7147	65	19	(	(	PUNCT
fbem-7147	65	20	guo	guo	PROPN
fbem-7147	65	21	,	,	PUNCT
fbem-7147	65	22	2011	2011	NUM
fbem-7147	65	23	)	)	PUNCT
fbem-7147	65	24	.	.	PUNCT
fbem-7147	66	1	however	however	ADV
fbem-7147	66	2	,	,	PUNCT
fbem-7147	66	3	the	the	DET
fbem-7147	66	4	owners	owner	NOUN
fbem-7147	66	5	of	of	ADP
fbem-7147	66	6	privatized	privatized	ADJ
fbem-7147	66	7	property	property	NOUN
fbem-7147	66	8	rights	right	NOUN
fbem-7147	66	9	can	can	AUX
fbem-7147	66	10	exclusively	exclusively	ADV
fbem-7147	66	11	enjoy	enjoy	VERB
fbem-7147	66	12	the	the	DET
fbem-7147	66	13	surplus	surplus	ADJ
fbem-7147	66	14	profits	profit	NOUN
fbem-7147	66	15	brought	bring	VERB
fbem-7147	66	16	by	by	ADP
fbem-7147	66	17	the	the	DET
fbem-7147	66	18	operation	operation	NOUN
fbem-7147	66	19	of	of	ADP
fbem-7147	66	20	private	private	ADJ
fbem-7147	66	21	property	property	NOUN
fbem-7147	66	22	,	,	PUNCT
fbem-7147	66	23	and	and	CCONJ
fbem-7147	66	24	they	they	PRON
fbem-7147	66	25	can	can	AUX
fbem-7147	66	26	legally	legally	ADV
fbem-7147	66	27	obtain	obtain	VERB
fbem-7147	66	28	and	and	CCONJ
fbem-7147	66	29	distribute	distribute	VERB
fbem-7147	66	30	the	the	DET
fbem-7147	66	31	profits	profit	NOUN
fbem-7147	66	32	obtained	obtain	VERB
fbem-7147	66	33	,	,	PUNCT
fbem-7147	66	34	which	which	PRON
fbem-7147	66	35	gives	give	VERB
fbem-7147	66	36	the	the	DET
fbem-7147	66	37	owners	owner	NOUN
fbem-7147	66	38	of	of	ADP
fbem-7147	66	39	assets	asset	NOUN
fbem-7147	66	40	a	a	DET
fbem-7147	66	41	direct	direct	ADJ
fbem-7147	66	42	incentive	incentive	NOUN
fbem-7147	66	43	to	to	PART
fbem-7147	66	44	care	care	VERB
fbem-7147	66	45	about	about	ADP
fbem-7147	66	46	the	the	DET
fbem-7147	66	47	operating	operate	VERB
fbem-7147	66	48	income	income	NOUN
fbem-7147	66	49	of	of	ADP
fbem-7147	66	50	assets	asset	NOUN
fbem-7147	66	51	(	(	PUNCT
fbem-7147	66	52	huang	huang	PROPN
fbem-7147	66	53	,	,	PUNCT
fbem-7147	66	54	2020	2020	NUM
fbem-7147	66	55	)	)	PUNCT
fbem-7147	66	56	.	.	PUNCT
fbem-7147	67	1	therefore	therefore	ADV
fbem-7147	67	2	,	,	PUNCT
fbem-7147	67	3	on	on	ADP
fbem-7147	67	4	the	the	DET
fbem-7147	67	5	basis	basis	NOUN
fbem-7147	67	6	of	of	ADP
fbem-7147	67	7	introducing	introduce	VERB
fbem-7147	67	8	private	private	ADJ
fbem-7147	67	9	capital	capital	NOUN
fbem-7147	67	10	,	,	PUNCT
fbem-7147	67	11	strategic	strategic	ADJ
fbem-7147	67	12	investors	investor	NOUN
fbem-7147	67	13	and	and	CCONJ
fbem-7147	67	14	employee	employee	NOUN
fbem-7147	67	15	option	option	NOUN
fbem-7147	67	16	equity	equity	NOUN
fbem-7147	67	17	into	into	ADP
fbem-7147	67	18	the	the	DET
fbem-7147	67	19	reform	reform	NOUN
fbem-7147	67	20	of	of	ADP
fbem-7147	67	21	mixed	mixed	ADJ
fbem-7147	67	22	ownership	ownership	NOUN
fbem-7147	67	23	,	,	PUNCT
fbem-7147	67	24	state	state	NOUN
fbem-7147	67	25	-	-	PUNCT
fbem-7147	67	26	owned	own	VERB
fbem-7147	67	27	enterprises	enterprise	NOUN
fbem-7147	67	28	have	have	AUX
fbem-7147	67	29	improved	improve	VERB
fbem-7147	67	30	the	the	DET
fbem-7147	67	31	situation	situation	NOUN
fbem-7147	67	32	of	of	ADP
fbem-7147	67	33	"	"	PUNCT
fbem-7147	67	34	equalizing	equalize	VERB
fbem-7147	67	35	performance	performance	NOUN
fbem-7147	67	36	"	"	PUNCT
fbem-7147	67	37	of	of	ADP
fbem-7147	67	38	traditional	traditional	ADJ
fbem-7147	67	39	stateowned	stateowne	VERB
fbem-7147	67	40	enterprises	enterprise	NOUN
fbem-7147	67	41	,	,	PUNCT
fbem-7147	67	42	and	and	CCONJ
fbem-7147	67	43	also	also	ADV
fbem-7147	67	44	represented	represent	VERB
fbem-7147	67	45	the	the	DET
fbem-7147	67	46	integration	integration	NOUN
fbem-7147	67	47	of	of	ADP
fbem-7147	67	48	state	state	NOUN
fbem-7147	67	49	-	-	PUNCT
fbem-7147	67	50	owned	own	VERB
fbem-7147	67	51	assets	asset	NOUN
fbem-7147	67	52	into	into	ADP
fbem-7147	67	53	private	private	ADJ
fbem-7147	67	54	assets	asset	NOUN
fbem-7147	67	55	with	with	ADP
fbem-7147	67	56	exclusivity	exclusivity	NOUN
fbem-7147	67	57	and	and	CCONJ
fbem-7147	67	58	transferability	transferability	NOUN
fbem-7147	67	59	,	,	PUNCT
fbem-7147	67	60	which	which	PRON
fbem-7147	67	61	is	be	AUX
fbem-7147	67	62	driven	drive	VERB
fbem-7147	67	63	by	by	ADP
fbem-7147	67	64	the	the	DET
fbem-7147	67	65	interests	interest	NOUN
fbem-7147	67	66	of	of	ADP
fbem-7147	67	67	private	private	ADJ
fbem-7147	67	68	property	property	NOUN
fbem-7147	67	69	rights	right	NOUN
fbem-7147	67	70	.	.	PUNCT
fbem-7147	68	1	on	on	ADP
fbem-7147	68	2	behalf	behalf	NOUN
fbem-7147	68	3	of	of	ADP
fbem-7147	68	4	the	the	DET
fbem-7147	68	5	owners	owner	NOUN
fbem-7147	68	6	of	of	ADP
fbem-7147	68	7	private	private	ADJ
fbem-7147	68	8	enterprises	enterprise	NOUN
fbem-7147	68	9	,	,	PUNCT
fbem-7147	68	10	they	they	PRON
fbem-7147	68	11	have	have	VERB
fbem-7147	68	12	more	more	ADJ
fbem-7147	68	13	motivation	motivation	NOUN
fbem-7147	68	14	and	and	CCONJ
fbem-7147	68	15	enthusiasm	enthusiasm	NOUN
fbem-7147	68	16	to	to	PART
fbem-7147	68	17	participate	participate	VERB
fbem-7147	68	18	in	in	ADP
fbem-7147	68	19	enterprise	enterprise	NOUN
fbem-7147	68	20	management	management	NOUN
fbem-7147	68	21	,	,	PUNCT
fbem-7147	68	22	which	which	PRON
fbem-7147	68	23	can	can	AUX
fbem-7147	68	24	make	make	VERB
fbem-7147	68	25	the	the	DET
fbem-7147	68	26	operation	operation	NOUN
fbem-7147	68	27	of	of	ADP
fbem-7147	68	28	enterprises	enterprise	NOUN
fbem-7147	68	29	more	more	ADV
fbem-7147	68	30	market	market	NOUN
fbem-7147	68	31	-	-	PUNCT
fbem-7147	68	32	oriented	orient	VERB
fbem-7147	68	33	,	,	PUNCT
fbem-7147	68	34	fully	fully	ADV
fbem-7147	68	35	stimulate	stimulate	VERB
fbem-7147	68	36	the	the	DET
fbem-7147	68	37	production	production	NOUN
fbem-7147	68	38	capacity	capacity	NOUN
fbem-7147	68	39	of	of	ADP
fbem-7147	68	40	state	state	NOUN
fbem-7147	68	41	-	-	PUNCT
fbem-7147	68	42	owned	own	VERB
fbem-7147	68	43	enterprises	enterprise	NOUN
fbem-7147	68	44	,	,	PUNCT
fbem-7147	68	45	and	and	CCONJ
fbem-7147	68	46	drive	drive	VERB
fbem-7147	68	47	state	state	NOUN
fbem-7147	68	48	-	-	PUNCT
fbem-7147	68	49	owned	own	VERB
fbem-7147	68	50	capital	capital	NOUN
fbem-7147	68	51	to	to	PART
fbem-7147	68	52	achieve	achieve	VERB
fbem-7147	68	53	more	more	ADV
fbem-7147	68	54	effective	effective	ADJ
fbem-7147	68	55	resource	resource	NOUN
fbem-7147	68	56	allocation	allocation	NOUN
fbem-7147	68	57	(	(	PUNCT
fbem-7147	68	58	li	li	PROPN
fbem-7147	68	59	,	,	PUNCT
fbem-7147	68	60	&	&	CCONJ
fbem-7147	68	61	zhao	zhao	PROPN
fbem-7147	68	62	.	.	PUNCT
fbem-7147	69	1	2015	2015	NUM
fbem-7147	69	2	)	)	PUNCT
fbem-7147	69	3	.	.	PUNCT
fbem-7147	70	1	2	2	X
fbem-7147	70	2	.	.	X
fbem-7147	70	3	literatures	literature	NOUN
fbem-7147	70	4	review	review	VERB
fbem-7147	70	5	2.1	2.1	NUM
fbem-7147	70	6	.	.	PUNCT
fbem-7147	71	1	the	the	DET
fbem-7147	71	2	problems	problem	NOUN
fbem-7147	71	3	of	of	ADP
fbem-7147	71	4	china	china	PROPN
fbem-7147	71	5	unicom	unicom	PROPN
fbem-7147	71	6	2.1.1	2.1.1	NUM
fbem-7147	71	7	.	.	PUNCT
fbem-7147	72	1	the	the	DET
fbem-7147	72	2	phenomenon	phenomenon	NOUN
fbem-7147	72	3	that	that	SCONJ
fbem-7147	72	4	the	the	DET
fbem-7147	72	5	system	system	NOUN
fbem-7147	72	6	of	of	ADP
fbem-7147	72	7	independent	independent	ADJ
fbem-7147	72	8	board	board	NOUN
fbem-7147	72	9	of	of	ADP
fbem-7147	72	10	directors	director	NOUN
fbem-7147	72	11	becomes	become	VERB
fbem-7147	72	12	a	a	DET
fbem-7147	72	13	mere	mere	ADJ
fbem-7147	72	14	formality	formality	NOUN
fbem-7147	72	15	in	in	ADP
fbem-7147	72	16	the	the	DET
fbem-7147	72	17	context	context	NOUN
fbem-7147	72	18	of	of	ADP
fbem-7147	72	19	the	the	DET
fbem-7147	72	20	continuous	continuous	ADJ
fbem-7147	72	21	advancement	advancement	NOUN
fbem-7147	72	22	of	of	ADP
fbem-7147	72	23	the	the	DET
fbem-7147	72	24	reform	reform	NOUN
fbem-7147	72	25	of	of	ADP
fbem-7147	72	26	mixed	mixed	ADJ
fbem-7147	72	27	ownership	ownership	NOUN
fbem-7147	72	28	,	,	PUNCT
fbem-7147	72	29	most	most	ADJ
fbem-7147	72	30	of	of	ADP
fbem-7147	72	31	the	the	DET
fbem-7147	72	32	independent	independent	ADJ
fbem-7147	72	33	boards	board	NOUN
fbem-7147	72	34	of	of	ADP
fbem-7147	72	35	directors	director	NOUN
fbem-7147	72	36	in	in	ADP
fbem-7147	72	37	state	state	NOUN
fbem-7147	72	38	-	-	PUNCT
fbem-7147	72	39	owned	own	VERB
fbem-7147	72	40	enterprises	enterprise	NOUN
fbem-7147	72	41	are	be	AUX
fbem-7147	72	42	held	hold	VERB
fbem-7147	72	43	by	by	ADP
fbem-7147	72	44	nonprofessionals	nonprofessional	NOUN
fbem-7147	72	45	,	,	PUNCT
fbem-7147	72	46	such	such	ADJ
fbem-7147	72	47	as	as	ADP
fbem-7147	72	48	retired	retire	VERB
fbem-7147	72	49	government	government	NOUN
fbem-7147	72	50	officials	official	NOUN
fbem-7147	72	51	,	,	PUNCT
fbem-7147	72	52	who	who	PRON
fbem-7147	72	53	have	have	VERB
fbem-7147	72	54	different	different	ADJ
fbem-7147	72	55	levels	level	NOUN
fbem-7147	72	56	of	of	ADP
fbem-7147	72	57	professional	professional	ADJ
fbem-7147	72	58	competence	competence	NOUN
fbem-7147	72	59	and	and	CCONJ
fbem-7147	72	60	can	can	AUX
fbem-7147	72	61	not	not	PART
fbem-7147	72	62	meet	meet	VERB
fbem-7147	72	63	the	the	DET
fbem-7147	72	64	requirements	requirement	NOUN
fbem-7147	72	65	of	of	ADP
fbem-7147	72	66	modern	modern	ADJ
fbem-7147	72	67	corporate	corporate	ADJ
fbem-7147	72	68	governance	governance	NOUN
fbem-7147	72	69	and	and	CCONJ
fbem-7147	72	70	scientific	scientific	ADJ
fbem-7147	72	71	decision	decision	NOUN
fbem-7147	72	72	-	-	PUNCT
fbem-7147	72	73	making	making	NOUN
fbem-7147	72	74	,	,	PUNCT
fbem-7147	72	75	as	as	ADV
fbem-7147	72	76	well	well	ADV
fbem-7147	72	77	as	as	ADP
fbem-7147	72	78	major	major	ADJ
fbem-7147	72	79	shareholders	shareholder	NOUN
fbem-7147	72	80	.	.	PUNCT
fbem-7147	73	1	failure	failure	NOUN
fbem-7147	73	2	to	to	PART
fbem-7147	73	3	protect	protect	VERB
fbem-7147	73	4	the	the	DET
fbem-7147	73	5	interests	interest	NOUN
fbem-7147	73	6	of	of	ADP
fbem-7147	73	7	minority	minority	NOUN
fbem-7147	73	8	shareholders	shareholder	NOUN
fbem-7147	73	9	(	(	PUNCT
fbem-7147	73	10	li	li	PROPN
fbem-7147	73	11	,	,	PUNCT
fbem-7147	73	12	ma	ma	PROPN
fbem-7147	73	13	,	,	PUNCT
fbem-7147	73	14	&	&	CCONJ
fbem-7147	73	15	zhang	zhang	PROPN
fbem-7147	73	16	,	,	PUNCT
fbem-7147	73	17	2019	2019	NUM
fbem-7147	73	18	)	)	PUNCT
fbem-7147	73	19	.	.	PUNCT
fbem-7147	74	1	the	the	DET
fbem-7147	74	2	owners	owner	NOUN
fbem-7147	74	3	of	of	ADP
fbem-7147	74	4	state	state	NOUN
fbem-7147	74	5	-	-	PUNCT
fbem-7147	74	6	owned	own	VERB
fbem-7147	74	7	enterprises	enterprise	NOUN
fbem-7147	74	8	do	do	AUX
fbem-7147	74	9	not	not	PART
fbem-7147	74	10	have	have	VERB
fbem-7147	74	11	the	the	DET
fbem-7147	74	12	real	real	ADJ
fbem-7147	74	13	power	power	NOUN
fbem-7147	74	14	to	to	PART
fbem-7147	74	15	supervise	supervise	VERB
fbem-7147	74	16	the	the	DET
fbem-7147	74	17	operation	operation	NOUN
fbem-7147	74	18	of	of	ADP
fbem-7147	74	19	the	the	DET
fbem-7147	74	20	management	management	NOUN
fbem-7147	74	21	of	of	ADP
fbem-7147	74	22	state	state	NOUN
fbem-7147	74	23	-	-	PUNCT
fbem-7147	74	24	owned	own	VERB
fbem-7147	74	25	enterprises	enterprise	NOUN
fbem-7147	74	26	,	,	PUNCT
fbem-7147	74	27	resulting	result	VERB
fbem-7147	74	28	in	in	ADP
fbem-7147	74	29	the	the	DET
fbem-7147	74	30	confusion	confusion	NOUN
fbem-7147	74	31	of	of	ADP
fbem-7147	74	32	powers	power	NOUN
fbem-7147	74	33	and	and	CCONJ
fbem-7147	74	34	responsibilities	responsibility	NOUN
fbem-7147	74	35	of	of	ADP
fbem-7147	74	36	the	the	DET
fbem-7147	74	37	board	board	NOUN
fbem-7147	74	38	of	of	ADP
fbem-7147	74	39	directors	director	NOUN
fbem-7147	74	40	and	and	CCONJ
fbem-7147	74	41	managers	manager	NOUN
fbem-7147	74	42	,	,	PUNCT
fbem-7147	74	43	and	and	CCONJ
fbem-7147	74	44	the	the	DET
fbem-7147	74	45	phenomenon	phenomenon	NOUN
fbem-7147	74	46	that	that	SCONJ
fbem-7147	74	47	the	the	DET
fbem-7147	74	48	independent	independent	ADJ
fbem-7147	74	49	board	board	NOUN
fbem-7147	74	50	of	of	ADP
fbem-7147	74	51	directors	director	NOUN
fbem-7147	74	52	system	system	NOUN
fbem-7147	74	53	becomes	become	VERB
fbem-7147	74	54	a	a	DET
fbem-7147	74	55	mere	mere	ADJ
fbem-7147	74	56	formality	formality	NOUN
fbem-7147	74	57	,	,	PUNCT
fbem-7147	74	58	which	which	PRON
fbem-7147	74	59	leads	lead	VERB
fbem-7147	74	60	to	to	ADP
fbem-7147	74	61	the	the	DET
fbem-7147	74	62	failure	failure	NOUN
fbem-7147	74	63	to	to	PART
fbem-7147	74	64	effectively	effectively	ADV
fbem-7147	74	65	supervise	supervise	VERB
fbem-7147	74	66	enterprises	enterprise	NOUN
fbem-7147	74	67	and	and	CCONJ
fbem-7147	74	68	affects	affect	VERB
fbem-7147	74	69	the	the	DET
fbem-7147	74	70	direction	direction	NOUN
fbem-7147	74	71	and	and	CCONJ
fbem-7147	74	72	planning	planning	NOUN
fbem-7147	74	73	of	of	ADP
fbem-7147	74	74	enterprise	enterprise	NOUN
fbem-7147	74	75	development	development	NOUN
fbem-7147	74	76	.	.	PUNCT
fbem-7147	75	1	2.1.2	2.1.2	X
fbem-7147	75	2	.	.	PUNCT
fbem-7147	75	3	the	the	DET
fbem-7147	75	4	shareholders	shareholder	NOUN
fbem-7147	75	5	'	'	PART
fbem-7147	75	6	meeting	meeting	NOUN
fbem-7147	75	7	is	be	AUX
fbem-7147	75	8	controlled	control	VERB
fbem-7147	75	9	by	by	ADP
fbem-7147	75	10	the	the	DET
fbem-7147	75	11	ultimate	ultimate	ADJ
fbem-7147	75	12	shareholders	shareholder	NOUN
fbem-7147	75	13	.	.	PUNCT
fbem-7147	76	1	usually	usually	ADV
fbem-7147	76	2	,	,	PUNCT
fbem-7147	76	3	the	the	DET
fbem-7147	76	4	main	main	ADJ
fbem-7147	76	5	way	way	NOUN
fbem-7147	76	6	for	for	SCONJ
fbem-7147	76	7	shareholders	shareholder	NOUN
fbem-7147	76	8	to	to	PART
fbem-7147	76	9	exercise	exercise	VERB
fbem-7147	76	10	their	their	PRON
fbem-7147	76	11	decision	decision	NOUN
fbem-7147	76	12	-	-	PUNCT
fbem-7147	76	13	making	make	VERB
fbem-7147	76	14	supervision	supervision	NOUN
fbem-7147	76	15	power	power	NOUN
fbem-7147	76	16	is	be	AUX
fbem-7147	76	17	to	to	PART
fbem-7147	76	18	participate	participate	VERB
fbem-7147	76	19	in	in	ADP
fbem-7147	76	20	the	the	DET
fbem-7147	76	21	shareholders	shareholder	NOUN
fbem-7147	76	22	’	’	PART
fbem-7147	76	23	meeting	meeting	NOUN
fbem-7147	76	24	of	of	ADP
fbem-7147	76	25	the	the	DET
fbem-7147	76	26	company	company	NOUN
fbem-7147	76	27	.	.	PUNCT
fbem-7147	77	1	the	the	DET
fbem-7147	77	2	general	general	ADJ
fbem-7147	77	3	meeting	meeting	NOUN
fbem-7147	77	4	of	of	ADP
fbem-7147	77	5	shareholders	shareholder	NOUN
fbem-7147	77	6	shall	shall	AUX
fbem-7147	77	7	vote	vote	VERB
fbem-7147	77	8	on	on	ADP
fbem-7147	77	9	major	major	ADJ
fbem-7147	77	10	matters	matter	NOUN
fbem-7147	77	11	related	relate	VERB
fbem-7147	77	12	to	to	ADP
fbem-7147	77	13	the	the	DET
fbem-7147	77	14	enterprise	enterprise	NOUN
fbem-7147	77	15	according	accord	VERB
fbem-7147	77	16	to	to	ADP
fbem-7147	77	17	the	the	DET
fbem-7147	77	18	different	different	ADJ
fbem-7147	77	19	proportions	proportion	NOUN
fbem-7147	77	20	of	of	ADP
fbem-7147	77	21	shares	share	NOUN
fbem-7147	77	22	held	hold	VERB
fbem-7147	77	23	by	by	ADP
fbem-7147	77	24	each	each	DET
fbem-7147	77	25	shareholder	shareholder	NOUN
fbem-7147	77	26	,	,	PUNCT
fbem-7147	77	27	such	such	ADJ
fbem-7147	77	28	as	as	ADP
fbem-7147	77	29	deciding	decide	VERB
fbem-7147	77	30	on	on	ADP
fbem-7147	77	31	the	the	DET
fbem-7147	77	32	merger	merger	NOUN
fbem-7147	77	33	of	of	ADP
fbem-7147	77	34	the	the	DET
fbem-7147	77	35	company	company	NOUN
fbem-7147	77	36	,	,	PUNCT
fbem-7147	77	37	annual	annual	ADJ
fbem-7147	77	38	accounts	account	NOUN
fbem-7147	77	39	,	,	PUNCT
fbem-7147	77	40	profit	profit	NOUN
fbem-7147	77	41	distribution	distribution	NOUN
fbem-7147	77	42	,	,	PUNCT
fbem-7147	77	43	board	board	NOUN
fbem-7147	77	44	members	member	NOUN
fbem-7147	77	45	,	,	PUNCT
fbem-7147	77	46	etc	etc	X
fbem-7147	77	47	.	.	X
fbem-7147	77	48	therefore	therefore	ADV
fbem-7147	77	49	,	,	PUNCT
fbem-7147	77	50	in	in	ADP
fbem-7147	77	51	the	the	DET
fbem-7147	77	52	general	general	ADJ
fbem-7147	77	53	meeting	meeting	NOUN
fbem-7147	77	54	of	of	ADP
fbem-7147	77	55	shareholders	shareholder	NOUN
fbem-7147	77	56	,	,	PUNCT
fbem-7147	77	57	the	the	DET
fbem-7147	77	58	decision	decision	NOUN
fbem-7147	77	59	-	-	PUNCT
fbem-7147	77	60	making	making	NOUN
fbem-7147	77	61	on	on	ADP
fbem-7147	77	62	major	major	ADJ
fbem-7147	77	63	matters	matter	NOUN
fbem-7147	77	64	of	of	ADP
fbem-7147	77	65	the	the	DET
fbem-7147	77	66	company	company	NOUN
fbem-7147	77	67	is	be	AUX
fbem-7147	77	68	entirely	entirely	ADV
fbem-7147	77	69	based	base	VERB
fbem-7147	77	70	on	on	ADP
fbem-7147	77	71	the	the	DET
fbem-7147	77	72	proportion	proportion	NOUN
fbem-7147	77	73	of	of	ADP
fbem-7147	77	74	shares	share	NOUN
fbem-7147	77	75	to	to	PART
fbem-7147	77	76	determine	determine	VERB
fbem-7147	77	77	the	the	DET
fbem-7147	77	78	importance	importance	NOUN
fbem-7147	77	79	of	of	ADP
fbem-7147	77	80	the	the	DET
fbem-7147	77	81	right	right	NOUN
fbem-7147	77	82	to	to	PART
fbem-7147	77	83	speak	speak	VERB
fbem-7147	77	84	.	.	PUNCT
fbem-7147	78	1	large	large	ADJ
fbem-7147	78	2	shareholders	shareholder	NOUN
fbem-7147	78	3	with	with	ADP
fbem-7147	78	4	absolute	absolute	ADJ
fbem-7147	78	5	resolution	resolution	NOUN
fbem-7147	78	6	power	power	NOUN
fbem-7147	78	7	can	can	AUX
fbem-7147	78	8	control	control	VERB
fbem-7147	78	9	the	the	DET
fbem-7147	78	10	company	company	NOUN
fbem-7147	78	11	to	to	ADP
fbem-7147	78	12	some	some	DET
fbem-7147	78	13	extent	extent	NOUN
fbem-7147	78	14	.	.	PUNCT
fbem-7147	79	1	in	in	ADP
fbem-7147	79	2	the	the	DET
fbem-7147	79	3	face	face	NOUN
fbem-7147	79	4	of	of	ADP
fbem-7147	79	5	absolute	absolute	ADJ
fbem-7147	79	6	control	control	NOUN
fbem-7147	79	7	,	,	PUNCT
fbem-7147	79	8	the	the	DET
fbem-7147	79	9	general	general	ADJ
fbem-7147	79	10	meeting	meeting	NOUN
fbem-7147	79	11	of	of	ADP
fbem-7147	79	12	shareholders	shareholder	NOUN
fbem-7147	79	13	is	be	AUX
fbem-7147	79	14	like	like	ADP
fbem-7147	79	15	a	a	DET
fbem-7147	79	16	superficial	superficial	ADJ
fbem-7147	79	17	process	process	NOUN
fbem-7147	79	18	.	.	PUNCT
fbem-7147	80	1	the	the	DET
fbem-7147	80	2	general	general	ADJ
fbem-7147	80	3	meeting	meeting	NOUN
fbem-7147	80	4	of	of	ADP
fbem-7147	80	5	shareholders	shareholder	NOUN
fbem-7147	80	6	almost	almost	ADV
fbem-7147	80	7	carries	carry	VERB
fbem-7147	80	8	out	out	ADP
fbem-7147	80	9	decision	decision	NOUN
fbem-7147	80	10	-	-	PUNCT
fbem-7147	80	11	making	make	VERB
fbem-7147	80	12	functions	function	NOUN
fbem-7147	80	13	according	accord	VERB
fbem-7147	80	14	to	to	ADP
fbem-7147	80	15	the	the	DET
fbem-7147	80	16	personal	personal	ADJ
fbem-7147	80	17	wishes	wish	NOUN
fbem-7147	80	18	of	of	ADP
fbem-7147	80	19	the	the	DET
fbem-7147	80	20	major	major	ADJ
fbem-7147	80	21	shareholders	shareholder	NOUN
fbem-7147	80	22	.	.	PUNCT
fbem-7147	81	1	the	the	DET
fbem-7147	81	2	minority	minority	NOUN
fbem-7147	81	3	shareholders	shareholder	NOUN
fbem-7147	81	4	can	can	AUX
fbem-7147	81	5	not	not	PART
fbem-7147	81	6	express	express	VERB
fbem-7147	81	7	their	their	PRON
fbem-7147	81	8	personal	personal	ADJ
fbem-7147	81	9	positions	position	NOUN
fbem-7147	81	10	and	and	CCONJ
fbem-7147	81	11	suggestions	suggestion	NOUN
fbem-7147	81	12	.	.	PUNCT
fbem-7147	82	1	they	they	PRON
fbem-7147	82	2	are	be	AUX
fbem-7147	82	3	more	more	ADV
fbem-7147	82	4	like	like	ADP
fbem-7147	82	5	participants	participant	NOUN
fbem-7147	82	6	and	and	CCONJ
fbem-7147	82	7	listeners	listener	NOUN
fbem-7147	82	8	,	,	PUNCT
fbem-7147	82	9	and	and	CCONJ
fbem-7147	82	10	have	have	VERB
fbem-7147	82	11	no	no	DET
fbem-7147	82	12	actual	actual	ADJ
fbem-7147	82	13	decision	decision	NOUN
fbem-7147	82	14	-	-	PUNCT
fbem-7147	82	15	making	make	VERB
fbem-7147	82	16	power	power	NOUN
fbem-7147	82	17	(	(	PUNCT
fbem-7147	82	18	ye	ye	NOUN
fbem-7147	82	19	,	,	PUNCT
fbem-7147	82	20	qiu	qiu	PROPN
fbem-7147	82	21	,	,	PUNCT
fbem-7147	82	22	&	&	CCONJ
fbem-7147	82	23	zhang	zhang	PROPN
fbem-7147	82	24	,	,	PUNCT
fbem-7147	82	25	2016	2016	NUM
fbem-7147	82	26	)	)	PUNCT
fbem-7147	82	27	.	.	PUNCT
fbem-7147	83	1	2.1.3	2.1.3	X
fbem-7147	83	2	.	.	PUNCT
fbem-7147	83	3	management	management	NOUN
fbem-7147	83	4	"	"	PUNCT
fbem-7147	83	5	internal	internal	ADJ
fbem-7147	83	6	control	control	NOUN
fbem-7147	83	7	"	"	PUNCT
fbem-7147	83	8	issues	issue	NOUN
fbem-7147	83	9	the	the	DET
fbem-7147	83	10	management	management	NOUN
fbem-7147	83	11	is	be	AUX
fbem-7147	83	12	not	not	PART
fbem-7147	83	13	only	only	ADV
fbem-7147	83	14	the	the	DET
fbem-7147	83	15	guarantor	guarantor	NOUN
fbem-7147	83	16	of	of	ADP
fbem-7147	83	17	the	the	DET
fbem-7147	83	18	implementation	implementation	NOUN
fbem-7147	83	19	of	of	ADP
fbem-7147	83	20	the	the	DET
fbem-7147	83	21	board	board	NOUN
fbem-7147	83	22	resolution	resolution	NOUN
fbem-7147	83	23	,	,	PUNCT
fbem-7147	83	24	but	but	CCONJ
fbem-7147	83	25	also	also	ADV
fbem-7147	83	26	the	the	DET
fbem-7147	83	27	daily	daily	ADJ
fbem-7147	83	28	manager	manager	NOUN
fbem-7147	83	29	of	of	ADP
fbem-7147	83	30	the	the	DET
fbem-7147	83	31	enterprise	enterprise	NOUN
fbem-7147	83	32	.	.	PUNCT
fbem-7147	84	1	because	because	SCONJ
fbem-7147	84	2	they	they	PRON
fbem-7147	84	3	play	play	VERB
fbem-7147	84	4	a	a	DET
fbem-7147	84	5	connecting	connect	VERB
fbem-7147	84	6	role	role	NOUN
fbem-7147	84	7	in	in	ADP
fbem-7147	84	8	the	the	DET
fbem-7147	84	9	operation	operation	NOUN
fbem-7147	84	10	of	of	ADP
fbem-7147	84	11	the	the	DET
fbem-7147	84	12	company	company	NOUN
fbem-7147	84	13	,	,	PUNCT
fbem-7147	84	14	the	the	DET
fbem-7147	84	15	real	real	ADJ
fbem-7147	84	16	control	control	NOUN
fbem-7147	84	17	is	be	AUX
fbem-7147	84	18	in	in	ADP
fbem-7147	84	19	their	their	PRON
fbem-7147	84	20	hands	hand	NOUN
fbem-7147	84	21	.	.	PUNCT
fbem-7147	85	1	although	although	SCONJ
fbem-7147	85	2	in	in	ADP
fbem-7147	85	3	a	a	DET
fbem-7147	85	4	sense	sense	NOUN
fbem-7147	85	5	,	,	PUNCT
fbem-7147	85	6	shareholders	shareholder	NOUN
fbem-7147	85	7	and	and	CCONJ
fbem-7147	85	8	management	management	NOUN
fbem-7147	85	9	have	have	VERB
fbem-7147	85	10	the	the	DET
fbem-7147	85	11	same	same	ADJ
fbem-7147	85	12	interests	interest	NOUN
fbem-7147	85	13	and	and	CCONJ
fbem-7147	85	14	goals	goal	NOUN
fbem-7147	85	15	,	,	PUNCT
fbem-7147	85	16	and	and	CCONJ
fbem-7147	85	17	the	the	DET
fbem-7147	85	18	results	result	NOUN
fbem-7147	85	19	of	of	ADP
fbem-7147	85	20	the	the	DET
fbem-7147	85	21	company	company	NOUN
fbem-7147	85	22	's	's	PART
fbem-7147	85	23	operation	operation	NOUN
fbem-7147	85	24	directly	directly	ADV
fbem-7147	85	25	affect	affect	VERB
fbem-7147	85	26	the	the	DET
fbem-7147	85	27	interests	interest	NOUN
fbem-7147	85	28	of	of	ADP
fbem-7147	85	29	both	both	DET
fbem-7147	85	30	sides	side	NOUN
fbem-7147	85	31	,	,	PUNCT
fbem-7147	85	32	it	it	PRON
fbem-7147	85	33	is	be	AUX
fbem-7147	85	34	not	not	PART
fbem-7147	85	35	difficult	difficult	ADJ
fbem-7147	85	36	to	to	PART
fbem-7147	85	37	find	find	VERB
fbem-7147	85	38	that	that	SCONJ
fbem-7147	85	39	in	in	ADP
fbem-7147	85	40	fact	fact	NOUN
fbem-7147	85	41	,	,	PUNCT
fbem-7147	85	42	the	the	DET
fbem-7147	85	43	pursuit	pursuit	NOUN
fbem-7147	85	44	of	of	ADP
fbem-7147	85	45	goals	goal	NOUN
fbem-7147	85	46	of	of	ADP
fbem-7147	85	47	188	188	NUM
fbem-7147	85	48	both	both	DET
fbem-7147	85	49	sides	side	NOUN
fbem-7147	85	50	is	be	AUX
fbem-7147	85	51	different	different	ADJ
fbem-7147	85	52	.	.	PUNCT
fbem-7147	86	1	the	the	DET
fbem-7147	86	2	ultimate	ultimate	ADJ
fbem-7147	86	3	goal	goal	NOUN
fbem-7147	86	4	of	of	ADP
fbem-7147	86	5	shareholders	shareholder	NOUN
fbem-7147	86	6	is	be	AUX
fbem-7147	86	7	to	to	PART
fbem-7147	86	8	maximize	maximize	VERB
fbem-7147	86	9	the	the	DET
fbem-7147	86	10	interests	interest	NOUN
fbem-7147	86	11	of	of	ADP
fbem-7147	86	12	the	the	DET
fbem-7147	86	13	enterprise	enterprise	NOUN
fbem-7147	86	14	,	,	PUNCT
fbem-7147	86	15	which	which	PRON
fbem-7147	86	16	is	be	AUX
fbem-7147	86	17	relatively	relatively	ADV
fbem-7147	86	18	single	single	ADJ
fbem-7147	86	19	;	;	PUNCT
fbem-7147	86	20	however	however	ADV
fbem-7147	86	21	,	,	PUNCT
fbem-7147	86	22	the	the	DET
fbem-7147	86	23	goals	goal	NOUN
fbem-7147	86	24	of	of	ADP
fbem-7147	86	25	management	management	NOUN
fbem-7147	86	26	as	as	SCONJ
fbem-7147	86	27	operators	operator	NOUN
fbem-7147	86	28	are	be	AUX
fbem-7147	86	29	sometimes	sometimes	ADV
fbem-7147	86	30	more	more	ADV
fbem-7147	86	31	diversified	diversified	ADJ
fbem-7147	86	32	,	,	PUNCT
fbem-7147	86	33	and	and	CCONJ
fbem-7147	86	34	they	they	PRON
fbem-7147	86	35	pursue	pursue	VERB
fbem-7147	86	36	not	not	PART
fbem-7147	86	37	only	only	ADV
fbem-7147	86	38	personal	personal	ADJ
fbem-7147	86	39	income	income	NOUN
fbem-7147	86	40	but	but	CCONJ
fbem-7147	86	41	also	also	ADV
fbem-7147	86	42	power	power	NOUN
fbem-7147	86	43	and	and	CCONJ
fbem-7147	86	44	status	status	NOUN
fbem-7147	86	45	(	(	PUNCT
fbem-7147	86	46	xiao	xiao	PROPN
fbem-7147	86	47	,	,	PUNCT
fbem-7147	86	48	&	&	CCONJ
fbem-7147	86	49	qiao	qiao	PROPN
fbem-7147	86	50	,	,	PUNCT
fbem-7147	86	51	2015).if	2015).if	CCONJ
fbem-7147	86	52	there	there	PRON
fbem-7147	86	53	is	be	VERB
fbem-7147	86	54	a	a	DET
fbem-7147	86	55	conflict	conflict	NOUN
fbem-7147	86	56	of	of	ADP
fbem-7147	86	57	interest	interest	NOUN
fbem-7147	86	58	between	between	ADP
fbem-7147	86	59	the	the	DET
fbem-7147	86	60	two	two	NUM
fbem-7147	86	61	,	,	PUNCT
fbem-7147	86	62	the	the	DET
fbem-7147	86	63	management	management	NOUN
fbem-7147	86	64	will	will	AUX
fbem-7147	86	65	often	often	ADV
fbem-7147	86	66	use	use	VERB
fbem-7147	86	67	their	their	PRON
fbem-7147	86	68	real	real	ADJ
fbem-7147	86	69	control	control	NOUN
fbem-7147	86	70	rights	right	NOUN
fbem-7147	86	71	to	to	PART
fbem-7147	86	72	try	try	VERB
fbem-7147	86	73	to	to	PART
fbem-7147	86	74	weaken	weaken	VERB
fbem-7147	86	75	the	the	DET
fbem-7147	86	76	constraints	constraint	NOUN
fbem-7147	86	77	of	of	ADP
fbem-7147	86	78	the	the	DET
fbem-7147	86	79	owners	owner	NOUN
fbem-7147	86	80	,	,	PUNCT
fbem-7147	86	81	and	and	CCONJ
fbem-7147	86	82	it	it	PRON
fbem-7147	86	83	is	be	AUX
fbem-7147	86	84	very	very	ADV
fbem-7147	86	85	likely	likely	ADJ
fbem-7147	86	86	to	to	PART
fbem-7147	86	87	sacrifice	sacrifice	VERB
fbem-7147	86	88	or	or	CCONJ
fbem-7147	86	89	even	even	ADV
fbem-7147	86	90	infringe	infringe	VERB
fbem-7147	86	91	on	on	ADP
fbem-7147	86	92	the	the	DET
fbem-7147	86	93	legitimate	legitimate	ADJ
fbem-7147	86	94	rights	right	NOUN
fbem-7147	86	95	and	and	CCONJ
fbem-7147	86	96	interests	interest	NOUN
fbem-7147	86	97	of	of	ADP
fbem-7147	86	98	the	the	DET
fbem-7147	86	99	owners	owner	NOUN
fbem-7147	86	100	to	to	PART
fbem-7147	86	101	achieve	achieve	VERB
fbem-7147	86	102	the	the	DET
fbem-7147	86	103	purpose	purpose	NOUN
fbem-7147	86	104	of	of	ADP
fbem-7147	86	105	satisfying	satisfy	VERB
fbem-7147	86	106	their	their	PRON
fbem-7147	86	107	own	own	ADJ
fbem-7147	86	108	interests	interest	NOUN
fbem-7147	86	109	(	(	PUNCT
fbem-7147	86	110	xiao	xiao	PROPN
fbem-7147	86	111	,	,	PUNCT
fbem-7147	86	112	&	&	CCONJ
fbem-7147	86	113	qiao	qiao	PROPN
fbem-7147	86	114	,	,	PUNCT
fbem-7147	86	115	2015	2015	NUM
fbem-7147	86	116	)	)	PUNCT
fbem-7147	86	117	.	.	PUNCT
fbem-7147	87	1	2.2	2.2	NUM
fbem-7147	87	2	.	.	PUNCT
fbem-7147	87	3	analysis	analysis	NOUN
fbem-7147	87	4	on	on	ADP
fbem-7147	87	5	corporate	corporate	ADJ
fbem-7147	87	6	governance	governance	NOUN
fbem-7147	87	7	mechanism	mechanism	NOUN
fbem-7147	87	8	of	of	ADP
fbem-7147	87	9	mixed	mixed	ADJ
fbem-7147	87	10	ownership	ownership	NOUN
fbem-7147	87	11	reform	reform	NOUN
fbem-7147	87	12	2.2.1	2.2.1	NUM
fbem-7147	87	13	.	.	PUNCT
fbem-7147	87	14	optimize	optimize	VERB
fbem-7147	87	15	the	the	DET
fbem-7147	87	16	composition	composition	NOUN
fbem-7147	87	17	of	of	ADP
fbem-7147	87	18	the	the	DET
fbem-7147	87	19	board	board	NOUN
fbem-7147	87	20	of	of	ADP
fbem-7147	87	21	directors	director	NOUN
fbem-7147	87	22	under	under	ADP
fbem-7147	87	23	the	the	DET
fbem-7147	87	24	original	original	ADJ
fbem-7147	87	25	ownership	ownership	NOUN
fbem-7147	87	26	structure	structure	NOUN
fbem-7147	87	27	of	of	ADP
fbem-7147	87	28	china	china	PROPN
fbem-7147	87	29	unicom	unicom	PROPN
fbem-7147	87	30	,	,	PUNCT
fbem-7147	87	31	the	the	DET
fbem-7147	87	32	appointment	appointment	NOUN
fbem-7147	87	33	of	of	ADP
fbem-7147	87	34	board	board	NOUN
fbem-7147	87	35	members	member	NOUN
fbem-7147	87	36	is	be	AUX
fbem-7147	87	37	mostly	mostly	ADV
fbem-7147	87	38	directly	directly	ADV
fbem-7147	87	39	appointed	appoint	VERB
fbem-7147	87	40	by	by	ADP
fbem-7147	87	41	sasac	sasac	NOUN
fbem-7147	87	42	,	,	PUNCT
fbem-7147	87	43	which	which	PRON
fbem-7147	87	44	can	can	AUX
fbem-7147	87	45	be	be	AUX
fbem-7147	87	46	said	say	VERB
fbem-7147	87	47	that	that	PRON
fbem-7147	87	48	sasac	sasac	NOUN
fbem-7147	87	49	has	have	VERB
fbem-7147	87	50	dual	dual	ADJ
fbem-7147	87	51	responsibilities	responsibility	NOUN
fbem-7147	87	52	of	of	ADP
fbem-7147	87	53	"	"	PUNCT
fbem-7147	87	54	managing	manage	VERB
fbem-7147	87	55	capital	capital	NOUN
fbem-7147	87	56	"	"	PUNCT
fbem-7147	87	57	and	and	CCONJ
fbem-7147	87	58	"	"	PUNCT
fbem-7147	87	59	managing	manage	VERB
fbem-7147	87	60	enterprises	enterprise	NOUN
fbem-7147	87	61	"	"	PUNCT
fbem-7147	87	62	,	,	PUNCT
fbem-7147	87	63	and	and	CCONJ
fbem-7147	87	64	the	the	DET
fbem-7147	87	65	board	board	NOUN
fbem-7147	87	66	of	of	ADP
fbem-7147	87	67	directors	director	NOUN
fbem-7147	87	68	is	be	AUX
fbem-7147	87	69	largely	largely	ADV
fbem-7147	87	70	subject	subject	ADJ
fbem-7147	87	71	to	to	ADP
fbem-7147	87	72	government	government	NOUN
fbem-7147	87	73	power	power	NOUN
fbem-7147	87	74	,	,	PUNCT
fbem-7147	87	75	with	with	ADP
fbem-7147	87	76	limited	limited	ADJ
fbem-7147	87	77	actual	actual	ADJ
fbem-7147	87	78	power	power	NOUN
fbem-7147	87	79	,	,	PUNCT
fbem-7147	87	80	and	and	CCONJ
fbem-7147	87	81	usually	usually	ADV
fbem-7147	87	82	follows	follow	VERB
fbem-7147	87	83	the	the	DET
fbem-7147	87	84	instructions	instruction	NOUN
fbem-7147	87	85	of	of	ADP
fbem-7147	87	86	the	the	DET
fbem-7147	87	87	higher	high	ADJ
fbem-7147	87	88	government	government	NOUN
fbem-7147	87	89	to	to	PART
fbem-7147	87	90	focus	focus	VERB
fbem-7147	87	91	on	on	ADP
fbem-7147	87	92	enterprise	enterprise	NOUN
fbem-7147	87	93	management	management	NOUN
fbem-7147	87	94	.	.	PUNCT
fbem-7147	88	1	in	in	ADP
fbem-7147	88	2	this	this	DET
fbem-7147	88	3	case	case	NOUN
fbem-7147	88	4	,	,	PUNCT
fbem-7147	88	5	the	the	DET
fbem-7147	88	6	interests	interest	NOUN
fbem-7147	88	7	of	of	ADP
fbem-7147	88	8	public	public	ADJ
fbem-7147	88	9	shareholders	shareholder	NOUN
fbem-7147	88	10	are	be	AUX
fbem-7147	88	11	easily	easily	ADV
fbem-7147	88	12	ignored	ignore	VERB
fbem-7147	88	13	(	(	PUNCT
fbem-7147	88	14	zhu	zhu	PROPN
fbem-7147	88	15	,	,	PUNCT
fbem-7147	88	16	2020	2020	NUM
fbem-7147	88	17	)	)	PUNCT
fbem-7147	88	18	.	.	PUNCT
fbem-7147	89	1	in	in	ADP
fbem-7147	89	2	addition	addition	NOUN
fbem-7147	89	3	,	,	PUNCT
fbem-7147	89	4	due	due	ADP
fbem-7147	89	5	to	to	ADP
fbem-7147	89	6	the	the	DET
fbem-7147	89	7	lack	lack	NOUN
fbem-7147	89	8	of	of	ADP
fbem-7147	89	9	external	external	ADJ
fbem-7147	89	10	investors	investor	NOUN
fbem-7147	89	11	to	to	PART
fbem-7147	89	12	participate	participate	VERB
fbem-7147	89	13	in	in	ADP
fbem-7147	89	14	the	the	DET
fbem-7147	89	15	decisionmaking	decisionmaking	NOUN
fbem-7147	89	16	of	of	ADP
fbem-7147	89	17	the	the	DET
fbem-7147	89	18	board	board	NOUN
fbem-7147	89	19	of	of	ADP
fbem-7147	89	20	directors	director	NOUN
fbem-7147	89	21	,	,	PUNCT
fbem-7147	89	22	it	it	PRON
fbem-7147	89	23	is	be	AUX
fbem-7147	89	24	inevitable	inevitable	ADJ
fbem-7147	89	25	that	that	SCONJ
fbem-7147	89	26	the	the	DET
fbem-7147	89	27	board	board	NOUN
fbem-7147	89	28	of	of	ADP
fbem-7147	89	29	directors	director	NOUN
fbem-7147	89	30	controlled	control	VERB
fbem-7147	89	31	by	by	ADP
fbem-7147	89	32	state	state	NOUN
fbem-7147	89	33	-	-	PUNCT
fbem-7147	89	34	owned	own	VERB
fbem-7147	89	35	shareholders	shareholder	NOUN
fbem-7147	89	36	may	may	AUX
fbem-7147	89	37	make	make	VERB
fbem-7147	89	38	wrong	wrong	ADJ
fbem-7147	89	39	decisions	decision	NOUN
fbem-7147	89	40	due	due	ADP
fbem-7147	89	41	to	to	ADP
fbem-7147	89	42	lack	lack	NOUN
fbem-7147	89	43	of	of	ADP
fbem-7147	89	44	understanding	understanding	NOUN
fbem-7147	89	45	of	of	ADP
fbem-7147	89	46	the	the	DET
fbem-7147	89	47	rapidly	rapidly	ADV
fbem-7147	89	48	changing	change	VERB
fbem-7147	89	49	external	external	ADJ
fbem-7147	89	50	market	market	NOUN
fbem-7147	89	51	situation	situation	NOUN
fbem-7147	89	52	.	.	PUNCT
fbem-7147	90	1	with	with	ADP
fbem-7147	90	2	the	the	DET
fbem-7147	90	3	support	support	NOUN
fbem-7147	90	4	of	of	ADP
fbem-7147	90	5	the	the	DET
fbem-7147	90	6	government	government	NOUN
fbem-7147	90	7	,	,	PUNCT
fbem-7147	90	8	the	the	DET
fbem-7147	90	9	wrong	wrong	ADJ
fbem-7147	90	10	decisions	decision	NOUN
fbem-7147	90	11	of	of	ADP
fbem-7147	90	12	state	state	NOUN
fbem-7147	90	13	-	-	PUNCT
fbem-7147	90	14	owned	own	VERB
fbem-7147	90	15	enterprises	enterprise	NOUN
fbem-7147	90	16	may	may	AUX
fbem-7147	90	17	be	be	AUX
fbem-7147	90	18	difficult	difficult	ADJ
fbem-7147	90	19	to	to	PART
fbem-7147	90	20	receive	receive	VERB
fbem-7147	90	21	due	due	ADJ
fbem-7147	90	22	attention	attention	NOUN
fbem-7147	90	23	and	and	CCONJ
fbem-7147	90	24	be	be	AUX
fbem-7147	90	25	corrected	correct	VERB
fbem-7147	90	26	in	in	ADP
fbem-7147	90	27	time	time	NOUN
fbem-7147	90	28	.	.	PUNCT
fbem-7147	91	1	there	there	PRON
fbem-7147	91	2	is	be	VERB
fbem-7147	91	3	a	a	DET
fbem-7147	91	4	lack	lack	NOUN
fbem-7147	91	5	of	of	ADP
fbem-7147	91	6	external	external	ADJ
fbem-7147	91	7	investors	investor	NOUN
fbem-7147	91	8	in	in	ADP
fbem-7147	91	9	the	the	DET
fbem-7147	91	10	board	board	NOUN
fbem-7147	91	11	of	of	ADP
fbem-7147	91	12	directors	director	NOUN
fbem-7147	91	13	to	to	PART
fbem-7147	91	14	form	form	VERB
fbem-7147	91	15	effective	effective	ADJ
fbem-7147	91	16	checks	check	NOUN
fbem-7147	91	17	and	and	CCONJ
fbem-7147	91	18	balances	balance	NOUN
fbem-7147	91	19	with	with	ADP
fbem-7147	91	20	state	state	NOUN
fbem-7147	91	21	-	-	PUNCT
fbem-7147	91	22	owned	own	VERB
fbem-7147	91	23	shareholders	shareholder	NOUN
fbem-7147	91	24	.	.	PUNCT
fbem-7147	92	1	due	due	ADP
fbem-7147	92	2	to	to	ADP
fbem-7147	92	3	the	the	DET
fbem-7147	92	4	over	over	ADP
fbem-7147	92	5	-	-	PUNCT
fbem-7147	92	6	concentration	concentration	NOUN
fbem-7147	92	7	of	of	ADP
fbem-7147	92	8	rights	right	NOUN
fbem-7147	92	9	,	,	PUNCT
fbem-7147	92	10	it	it	PRON
fbem-7147	92	11	may	may	AUX
fbem-7147	92	12	reduce	reduce	VERB
fbem-7147	92	13	the	the	DET
fbem-7147	92	14	effect	effect	NOUN
fbem-7147	92	15	of	of	ADP
fbem-7147	92	16	strategic	strategic	ADJ
fbem-7147	92	17	decision	decision	NOUN
fbem-7147	92	18	-	-	PUNCT
fbem-7147	92	19	making	making	NOUN
fbem-7147	92	20	of	of	ADP
fbem-7147	92	21	the	the	DET
fbem-7147	92	22	board	board	NOUN
fbem-7147	92	23	of	of	ADP
fbem-7147	92	24	directors	director	NOUN
fbem-7147	92	25	,	,	PUNCT
fbem-7147	92	26	thereby	thereby	ADV
fbem-7147	92	27	affecting	affect	VERB
fbem-7147	92	28	the	the	DET
fbem-7147	92	29	development	development	NOUN
fbem-7147	92	30	of	of	ADP
fbem-7147	92	31	enterprises	enterprise	NOUN
fbem-7147	92	32	,	,	PUNCT
fbem-7147	92	33	causing	cause	VERB
fbem-7147	92	34	losses	loss	NOUN
fbem-7147	92	35	to	to	ADP
fbem-7147	92	36	the	the	DET
fbem-7147	92	37	interests	interest	NOUN
fbem-7147	92	38	of	of	ADP
fbem-7147	92	39	other	other	ADJ
fbem-7147	92	40	shareholders	shareholder	NOUN
fbem-7147	92	41	,	,	PUNCT
fbem-7147	92	42	and	and	CCONJ
fbem-7147	92	43	reducing	reduce	VERB
fbem-7147	92	44	the	the	DET
fbem-7147	92	45	investment	investment	NOUN
fbem-7147	92	46	confidence	confidence	NOUN
fbem-7147	92	47	of	of	ADP
fbem-7147	92	48	public	public	ADJ
fbem-7147	92	49	shareholders	shareholder	NOUN
fbem-7147	92	50	in	in	ADP
fbem-7147	92	51	the	the	DET
fbem-7147	92	52	market	market	NOUN
fbem-7147	92	53	(	(	PUNCT
fbem-7147	92	54	zhu	zhu	PROPN
fbem-7147	92	55	,	,	PUNCT
fbem-7147	92	56	2020	2020	NUM
fbem-7147	92	57	)	)	PUNCT
fbem-7147	92	58	.	.	PUNCT
fbem-7147	93	1	after	after	ADP
fbem-7147	93	2	the	the	DET
fbem-7147	93	3	completion	completion	NOUN
fbem-7147	93	4	of	of	ADP
fbem-7147	93	5	stock	stock	NOUN
fbem-7147	93	6	issuance	issuance	NOUN
fbem-7147	93	7	and	and	CCONJ
fbem-7147	93	8	equity	equity	NOUN
fbem-7147	93	9	transfer	transfer	NOUN
fbem-7147	93	10	in	in	ADP
fbem-7147	93	11	2017	2017	NUM
fbem-7147	93	12	,	,	PUNCT
fbem-7147	93	13	the	the	DET
fbem-7147	93	14	ownership	ownership	NOUN
fbem-7147	93	15	structure	structure	NOUN
fbem-7147	93	16	of	of	ADP
fbem-7147	93	17	china	china	PROPN
fbem-7147	93	18	unicom	unicom	PROPN
fbem-7147	93	19	has	have	AUX
fbem-7147	93	20	changed	change	VERB
fbem-7147	93	21	significantly	significantly	ADV
fbem-7147	93	22	,	,	PUNCT
fbem-7147	93	23	and	and	CCONJ
fbem-7147	93	24	the	the	DET
fbem-7147	93	25	adjustment	adjustment	NOUN
fbem-7147	93	26	of	of	ADP
fbem-7147	93	27	ownership	ownership	NOUN
fbem-7147	93	28	structure	structure	NOUN
fbem-7147	93	29	has	have	AUX
fbem-7147	93	30	changed	change	VERB
fbem-7147	93	31	the	the	DET
fbem-7147	93	32	ownership	ownership	NOUN
fbem-7147	93	33	structure	structure	NOUN
fbem-7147	93	34	of	of	ADP
fbem-7147	93	35	china	china	PROPN
fbem-7147	93	36	unicom	unicom	PROPN
fbem-7147	93	37	from	from	ADP
fbem-7147	93	38	a	a	DET
fbem-7147	93	39	highly	highly	ADV
fbem-7147	93	40	centralized	centralized	ADJ
fbem-7147	93	41	type	type	NOUN
fbem-7147	93	42	to	to	ADP
fbem-7147	93	43	a	a	DET
fbem-7147	93	44	moderately	moderately	ADV
fbem-7147	93	45	centralized	centralize	VERB
fbem-7147	93	46	type	type	NOUN
fbem-7147	93	47	,	,	PUNCT
fbem-7147	93	48	and	and	CCONJ
fbem-7147	93	49	the	the	DET
fbem-7147	93	50	adoption	adoption	NOUN
fbem-7147	93	51	of	of	ADP
fbem-7147	93	52	multi	multi	ADJ
fbem-7147	93	53	-	-	ADJ
fbem-7147	93	54	ownership	ownership	ADJ
fbem-7147	93	55	structure	structure	NOUN
fbem-7147	93	56	has	have	AUX
fbem-7147	93	57	reduced	reduce	VERB
fbem-7147	93	58	the	the	DET
fbem-7147	93	59	concentration	concentration	NOUN
fbem-7147	93	60	of	of	ADP
fbem-7147	93	61	ownership	ownership	NOUN
fbem-7147	93	62	,	,	PUNCT
fbem-7147	93	63	thus	thus	ADV
fbem-7147	93	64	realizing	realize	VERB
fbem-7147	93	65	the	the	DET
fbem-7147	93	66	mutual	mutual	ADJ
fbem-7147	93	67	checks	check	NOUN
fbem-7147	93	68	and	and	CCONJ
fbem-7147	93	69	balances	balance	NOUN
fbem-7147	93	70	of	of	ADP
fbem-7147	93	71	equity	equity	NOUN
fbem-7147	93	72	to	to	ADP
fbem-7147	93	73	a	a	DET
fbem-7147	93	74	certain	certain	ADJ
fbem-7147	93	75	extent	extent	NOUN
fbem-7147	93	76	.	.	PUNCT
fbem-7147	94	1	major	major	ADJ
fbem-7147	94	2	decisions	decision	NOUN
fbem-7147	94	3	of	of	ADP
fbem-7147	94	4	the	the	DET
fbem-7147	94	5	company	company	NOUN
fbem-7147	94	6	shall	shall	AUX
fbem-7147	94	7	be	be	AUX
fbem-7147	94	8	jointly	jointly	ADV
fbem-7147	94	9	made	make	VERB
fbem-7147	94	10	by	by	ADP
fbem-7147	94	11	the	the	DET
fbem-7147	94	12	general	general	ADJ
fbem-7147	94	13	meeting	meeting	NOUN
fbem-7147	94	14	of	of	ADP
fbem-7147	94	15	shareholders	shareholder	NOUN
fbem-7147	94	16	to	to	PART
fbem-7147	94	17	improve	improve	VERB
fbem-7147	94	18	the	the	DET
fbem-7147	94	19	effectiveness	effectiveness	NOUN
fbem-7147	94	20	of	of	ADP
fbem-7147	94	21	internal	internal	ADJ
fbem-7147	94	22	mutual	mutual	ADJ
fbem-7147	94	23	supervision	supervision	NOUN
fbem-7147	94	24	(	(	PUNCT
fbem-7147	94	25	chen	chen	PROPN
fbem-7147	94	26	.	.	PROPN
fbem-7147	94	27	2019	2019	NUM
fbem-7147	94	28	)	)	PUNCT
fbem-7147	94	29	.	.	PUNCT
fbem-7147	95	1	in	in	ADP
fbem-7147	95	2	2017	2017	NUM
fbem-7147	95	3	,	,	PUNCT
fbem-7147	95	4	china	china	PROPN
fbem-7147	95	5	unicom	unicom	PROPN
fbem-7147	95	6	elected	elect	VERB
fbem-7147	95	7	a	a	DET
fbem-7147	95	8	new	new	ADJ
fbem-7147	95	9	board	board	NOUN
fbem-7147	95	10	of	of	ADP
fbem-7147	95	11	directors	director	NOUN
fbem-7147	95	12	,	,	PUNCT
fbem-7147	95	13	and	and	CCONJ
fbem-7147	95	14	in	in	ADP
fbem-7147	95	15	2018	2018	NUM
fbem-7147	95	16	,	,	PUNCT
fbem-7147	95	17	the	the	DET
fbem-7147	95	18	first	first	ADJ
fbem-7147	95	19	provisional	provisional	ADJ
fbem-7147	95	20	shareholders	shareholder	NOUN
fbem-7147	95	21	’	'	PUNCT
fbem-7147	95	22	meeting	meeting	NOUN
fbem-7147	95	23	was	be	AUX
fbem-7147	95	24	voted	vote	VERB
fbem-7147	95	25	through	through	ADV
fbem-7147	95	26	,	,	PUNCT
fbem-7147	95	27	and	and	CCONJ
fbem-7147	95	28	the	the	DET
fbem-7147	95	29	sixth	sixth	ADJ
fbem-7147	95	30	board	board	NOUN
fbem-7147	95	31	of	of	ADP
fbem-7147	95	32	directors	director	NOUN
fbem-7147	95	33	was	be	AUX
fbem-7147	95	34	re	re	VERB
fbem-7147	95	35	-	-	VERB
fbem-7147	95	36	elected	elect	VERB
fbem-7147	95	37	.	.	PUNCT
fbem-7147	96	1	after	after	ADP
fbem-7147	96	2	the	the	DET
fbem-7147	96	3	change	change	NOUN
fbem-7147	96	4	,	,	PUNCT
fbem-7147	96	5	there	there	PRON
fbem-7147	96	6	are	be	VERB
fbem-7147	96	7	13	13	NUM
fbem-7147	96	8	members	member	NOUN
fbem-7147	96	9	in	in	ADP
fbem-7147	96	10	the	the	DET
fbem-7147	96	11	board	board	NOUN
fbem-7147	96	12	of	of	ADP
fbem-7147	96	13	directors	director	NOUN
fbem-7147	96	14	,	,	PUNCT
fbem-7147	96	15	consisting	consist	VERB
fbem-7147	96	16	of	of	ADP
fbem-7147	96	17	8	8	NUM
fbem-7147	96	18	nonindependent	nonindependent	NOUN
fbem-7147	96	19	directors	director	NOUN
fbem-7147	96	20	and	and	CCONJ
fbem-7147	96	21	5	5	NUM
fbem-7147	96	22	independent	independent	ADJ
fbem-7147	96	23	directors	director	NOUN
fbem-7147	96	24	.	.	PUNCT
fbem-7147	97	1	among	among	ADP
fbem-7147	97	2	the	the	DET
fbem-7147	97	3	non	non	ADJ
fbem-7147	97	4	-	-	ADJ
fbem-7147	97	5	independent	independent	ADJ
fbem-7147	97	6	directors	director	NOUN
fbem-7147	97	7	,	,	PUNCT
fbem-7147	97	8	five	five	NUM
fbem-7147	97	9	are	be	AUX
fbem-7147	97	10	appointed	appoint	VERB
fbem-7147	97	11	by	by	ADP
fbem-7147	97	12	institutional	institutional	ADJ
fbem-7147	97	13	investors	investor	NOUN
fbem-7147	97	14	and	and	CCONJ
fbem-7147	97	15	private	private	ADJ
fbem-7147	97	16	strategic	strategic	ADJ
fbem-7147	97	17	investors	investor	NOUN
fbem-7147	97	18	who	who	PRON
fbem-7147	97	19	joined	join	VERB
fbem-7147	97	20	after	after	ADP
fbem-7147	97	21	the	the	DET
fbem-7147	97	22	reform	reform	NOUN
fbem-7147	97	23	of	of	ADP
fbem-7147	97	24	mixed	mixed	ADJ
fbem-7147	97	25	ownership	ownership	NOUN
fbem-7147	97	26	,	,	PUNCT
fbem-7147	97	27	while	while	SCONJ
fbem-7147	97	28	only	only	ADV
fbem-7147	97	29	three	three	NUM
fbem-7147	97	30	are	be	AUX
fbem-7147	97	31	senior	senior	ADJ
fbem-7147	97	32	executives	executive	NOUN
fbem-7147	97	33	within	within	ADP
fbem-7147	97	34	china	china	PROPN
fbem-7147	97	35	unicom	unicom	PROPN
fbem-7147	97	36	.	.	PUNCT
fbem-7147	98	1	however	however	ADV
fbem-7147	98	2	,	,	PUNCT
fbem-7147	98	3	before	before	ADP
fbem-7147	98	4	the	the	DET
fbem-7147	98	5	reform	reform	NOUN
fbem-7147	98	6	of	of	ADP
fbem-7147	98	7	mixed	mixed	ADJ
fbem-7147	98	8	ownership	ownership	NOUN
fbem-7147	98	9	,	,	PUNCT
fbem-7147	98	10	four	four	NUM
fbem-7147	98	11	non	non	ADJ
fbem-7147	98	12	-	-	ADJ
fbem-7147	98	13	independent	independent	ADJ
fbem-7147	98	14	directors	director	NOUN
fbem-7147	98	15	were	be	AUX
fbem-7147	98	16	all	all	PRON
fbem-7147	98	17	internal	internal	ADJ
fbem-7147	98	18	staff	staff	NOUN
fbem-7147	98	19	of	of	ADP
fbem-7147	98	20	china	china	PROPN
fbem-7147	98	21	unicom	unicom	PROPN
fbem-7147	98	22	.	.	PUNCT
fbem-7147	99	1	by	by	ADP
fbem-7147	99	2	increasing	increase	VERB
fbem-7147	99	3	the	the	DET
fbem-7147	99	4	number	number	NOUN
fbem-7147	99	5	of	of	ADP
fbem-7147	99	6	seats	seat	NOUN
fbem-7147	99	7	of	of	ADP
fbem-7147	99	8	other	other	ADJ
fbem-7147	99	9	investors	investor	NOUN
fbem-7147	99	10	,	,	PUNCT
fbem-7147	99	11	the	the	DET
fbem-7147	99	12	number	number	NOUN
fbem-7147	99	13	of	of	ADP
fbem-7147	99	14	members	member	NOUN
fbem-7147	99	15	of	of	ADP
fbem-7147	99	16	the	the	DET
fbem-7147	99	17	board	board	NOUN
fbem-7147	99	18	of	of	ADP
fbem-7147	99	19	directors	director	NOUN
fbem-7147	99	20	is	be	AUX
fbem-7147	99	21	expanded	expand	VERB
fbem-7147	99	22	,	,	PUNCT
fbem-7147	99	23	and	and	CCONJ
fbem-7147	99	24	the	the	DET
fbem-7147	99	25	structure	structure	NOUN
fbem-7147	99	26	of	of	ADP
fbem-7147	99	27	the	the	DET
fbem-7147	99	28	board	board	NOUN
fbem-7147	99	29	of	of	ADP
fbem-7147	99	30	directors	director	NOUN
fbem-7147	99	31	is	be	AUX
fbem-7147	99	32	optimized	optimize	VERB
fbem-7147	99	33	,	,	PUNCT
fbem-7147	99	34	so	so	SCONJ
fbem-7147	99	35	that	that	SCONJ
fbem-7147	99	36	private	private	ADJ
fbem-7147	99	37	capital	capital	NOUN
fbem-7147	99	38	can	can	AUX
fbem-7147	99	39	effectively	effectively	ADV
fbem-7147	99	40	check	check	VERB
fbem-7147	99	41	and	and	CCONJ
fbem-7147	99	42	balance	balance	NOUN
fbem-7147	99	43	with	with	ADP
fbem-7147	99	44	state	state	NOUN
fbem-7147	99	45	-	-	PUNCT
fbem-7147	99	46	owned	own	VERB
fbem-7147	99	47	shareholders	shareholder	NOUN
fbem-7147	99	48	,	,	PUNCT
fbem-7147	99	49	and	and	CCONJ
fbem-7147	99	50	can	can	AUX
fbem-7147	99	51	absorb	absorb	VERB
fbem-7147	99	52	opinions	opinion	NOUN
fbem-7147	99	53	from	from	ADP
fbem-7147	99	54	various	various	ADJ
fbem-7147	99	55	parties	party	NOUN
fbem-7147	99	56	before	before	ADP
fbem-7147	99	57	voting	vote	VERB
fbem-7147	99	58	on	on	ADP
fbem-7147	99	59	major	major	ADJ
fbem-7147	99	60	decisions	decision	NOUN
fbem-7147	99	61	of	of	ADP
fbem-7147	99	62	the	the	DET
fbem-7147	99	63	company	company	NOUN
fbem-7147	99	64	,	,	PUNCT
fbem-7147	99	65	thus	thus	ADV
fbem-7147	99	66	reducing	reduce	VERB
fbem-7147	99	67	the	the	DET
fbem-7147	99	68	possibility	possibility	NOUN
fbem-7147	99	69	of	of	ADP
fbem-7147	99	70	strategic	strategic	ADJ
fbem-7147	99	71	deviation	deviation	NOUN
fbem-7147	99	72	(	(	PUNCT
fbem-7147	99	73	chen	chen	PROPN
fbem-7147	99	74	,	,	PUNCT
fbem-7147	99	75	2019	2019	NUM
fbem-7147	99	76	)	)	PUNCT
fbem-7147	99	77	.	.	PUNCT
fbem-7147	100	1	it	it	PRON
fbem-7147	100	2	can	can	AUX
fbem-7147	100	3	be	be	AUX
fbem-7147	100	4	seen	see	VERB
fbem-7147	100	5	that	that	SCONJ
fbem-7147	100	6	other	other	ADJ
fbem-7147	100	7	investors	investor	NOUN
fbem-7147	100	8	introduced	introduce	VERB
fbem-7147	100	9	include	include	VERB
fbem-7147	100	10	both	both	CCONJ
fbem-7147	100	11	stateowned	stateowne	VERB
fbem-7147	100	12	capital	capital	NOUN
fbem-7147	100	13	and	and	CCONJ
fbem-7147	100	14	private	private	ADJ
fbem-7147	100	15	capital	capital	NOUN
fbem-7147	100	16	,	,	PUNCT
fbem-7147	100	17	but	but	CCONJ
fbem-7147	100	18	the	the	DET
fbem-7147	100	19	telecommunications	telecommunications	NOUN
fbem-7147	100	20	industry	industry	NOUN
fbem-7147	100	21	in	in	ADP
fbem-7147	100	22	which	which	PRON
fbem-7147	100	23	china	china	PROPN
fbem-7147	100	24	unicom	unicom	PROPN
fbem-7147	100	25	is	be	AUX
fbem-7147	100	26	located	locate	VERB
fbem-7147	100	27	is	be	AUX
fbem-7147	100	28	the	the	DET
fbem-7147	100	29	basic	basic	ADJ
fbem-7147	100	30	strategic	strategic	ADJ
fbem-7147	100	31	industry	industry	NOUN
fbem-7147	100	32	of	of	ADP
fbem-7147	100	33	the	the	DET
fbem-7147	100	34	country	country	NOUN
fbem-7147	100	35	,	,	PUNCT
fbem-7147	100	36	so	so	CCONJ
fbem-7147	100	37	it	it	PRON
fbem-7147	100	38	is	be	AUX
fbem-7147	100	39	still	still	ADV
fbem-7147	100	40	necessary	necessary	ADJ
fbem-7147	100	41	to	to	PART
fbem-7147	100	42	maintain	maintain	VERB
fbem-7147	100	43	the	the	DET
fbem-7147	100	44	influence	influence	NOUN
fbem-7147	100	45	of	of	ADP
fbem-7147	100	46	state	state	NOUN
fbem-7147	100	47	-	-	PUNCT
fbem-7147	100	48	owned	own	VERB
fbem-7147	100	49	capital	capital	NOUN
fbem-7147	100	50	at	at	ADP
fbem-7147	100	51	the	the	DET
fbem-7147	100	52	shareholders	shareholder	NOUN
fbem-7147	100	53	'	'	PART
fbem-7147	100	54	meeting	meeting	NOUN
fbem-7147	100	55	.	.	PUNCT
fbem-7147	101	1	in	in	ADP
fbem-7147	101	2	order	order	NOUN
fbem-7147	101	3	to	to	PART
fbem-7147	101	4	ensure	ensure	VERB
fbem-7147	101	5	the	the	DET
fbem-7147	101	6	overall	overall	ADJ
fbem-7147	101	7	controllability	controllability	NOUN
fbem-7147	101	8	of	of	ADP
fbem-7147	101	9	enterprises	enterprise	NOUN
fbem-7147	101	10	and	and	CCONJ
fbem-7147	101	11	prevent	prevent	VERB
fbem-7147	101	12	the	the	DET
fbem-7147	101	13	possibility	possibility	NOUN
fbem-7147	101	14	of	of	ADP
fbem-7147	101	15	bad	bad	ADJ
fbem-7147	101	16	private	private	ADJ
fbem-7147	101	17	capital	capital	NOUN
fbem-7147	101	18	shaking	shake	VERB
fbem-7147	101	19	the	the	DET
fbem-7147	101	20	basic	basic	ADJ
fbem-7147	101	21	industries	industry	NOUN
fbem-7147	101	22	of	of	ADP
fbem-7147	101	23	the	the	DET
fbem-7147	101	24	country	country	NOUN
fbem-7147	101	25	,	,	PUNCT
fbem-7147	101	26	china	china	PROPN
fbem-7147	101	27	unicom	unicom	PROPN
fbem-7147	101	28	's	's	PART
fbem-7147	101	29	mixed	mixed	ADJ
fbem-7147	101	30	ownership	ownership	NOUN
fbem-7147	101	31	reform	reform	NOUN
fbem-7147	101	32	has	have	AUX
fbem-7147	101	33	joined	join	VERB
fbem-7147	101	34	other	other	ADJ
fbem-7147	101	35	state	state	NOUN
fbem-7147	101	36	-	-	PUNCT
fbem-7147	101	37	owned	own	VERB
fbem-7147	101	38	capital	capital	NOUN
fbem-7147	101	39	.	.	PUNCT
fbem-7147	102	1	china	china	PROPN
fbem-7147	102	2	unicom	unicom	PROPN
fbem-7147	102	3	has	have	AUX
fbem-7147	102	4	introduced	introduce	VERB
fbem-7147	102	5	other	other	ADJ
fbem-7147	102	6	state	state	NOUN
fbem-7147	102	7	-	-	PUNCT
fbem-7147	102	8	owned	own	VERB
fbem-7147	102	9	enterprises	enterprise	NOUN
fbem-7147	102	10	as	as	ADP
fbem-7147	102	11	investors	investor	NOUN
fbem-7147	102	12	,	,	PUNCT
fbem-7147	102	13	consolidating	consolidate	VERB
fbem-7147	102	14	the	the	DET
fbem-7147	102	15	control	control	NOUN
fbem-7147	102	16	of	of	ADP
fbem-7147	102	17	state	state	NOUN
fbem-7147	102	18	-	-	PUNCT
fbem-7147	102	19	owned	own	VERB
fbem-7147	102	20	capital	capital	NOUN
fbem-7147	102	21	over	over	ADP
fbem-7147	102	22	basic	basic	ADJ
fbem-7147	102	23	industries	industry	NOUN
fbem-7147	102	24	.	.	PUNCT
fbem-7147	103	1	however	however	ADV
fbem-7147	103	2	,	,	PUNCT
fbem-7147	103	3	in	in	ADP
fbem-7147	103	4	order	order	NOUN
fbem-7147	103	5	to	to	PART
fbem-7147	103	6	accelerate	accelerate	VERB
fbem-7147	103	7	the	the	DET
fbem-7147	103	8	transformation	transformation	NOUN
fbem-7147	103	9	of	of	ADP
fbem-7147	103	10	operating	operating	NOUN
fbem-7147	103	11	mechanism	mechanism	NOUN
fbem-7147	103	12	and	and	CCONJ
fbem-7147	103	13	establish	establish	VERB
fbem-7147	103	14	core	core	NOUN
fbem-7147	103	15	competitiveness	competitiveness	NOUN
fbem-7147	103	16	,	,	PUNCT
fbem-7147	103	17	china	china	PROPN
fbem-7147	103	18	unicom	unicom	PROPN
fbem-7147	103	19	has	have	AUX
fbem-7147	103	20	introduced	introduce	VERB
fbem-7147	103	21	private	private	ADJ
fbem-7147	103	22	capital	capital	NOUN
fbem-7147	103	23	on	on	ADP
fbem-7147	103	24	the	the	DET
fbem-7147	103	25	premise	premise	NOUN
fbem-7147	103	26	of	of	ADP
fbem-7147	103	27	maintaining	maintain	VERB
fbem-7147	103	28	state	state	NOUN
fbem-7147	103	29	-	-	PUNCT
fbem-7147	103	30	owned	own	VERB
fbem-7147	103	31	holding	holding	NOUN
fbem-7147	103	32	,	,	PUNCT
fbem-7147	103	33	which	which	PRON
fbem-7147	103	34	not	not	PART
fbem-7147	103	35	only	only	ADV
fbem-7147	103	36	helps	help	VERB
fbem-7147	103	37	its	its	PRON
fbem-7147	103	38	board	board	NOUN
fbem-7147	103	39	of	of	ADP
fbem-7147	103	40	directors	director	NOUN
fbem-7147	103	41	to	to	PART
fbem-7147	103	42	build	build	VERB
fbem-7147	103	43	more	more	ADV
fbem-7147	103	44	diversified	diversified	ADJ
fbem-7147	103	45	,	,	PUNCT
fbem-7147	103	46	but	but	CCONJ
fbem-7147	103	47	also	also	ADV
fbem-7147	103	48	introduces	introduce	VERB
fbem-7147	103	49	new	new	ADJ
fbem-7147	103	50	sources	source	NOUN
fbem-7147	103	51	of	of	ADP
fbem-7147	103	52	funds	fund	NOUN
fbem-7147	103	53	(	(	PUNCT
fbem-7147	103	54	zhang	zhang	PROPN
fbem-7147	103	55	,	,	PUNCT
fbem-7147	103	56	&	&	CCONJ
fbem-7147	103	57	liu	liu	PROPN
fbem-7147	103	58	,	,	PUNCT
fbem-7147	103	59	2018	2018	NUM
fbem-7147	103	60	)	)	PUNCT
fbem-7147	103	61	.	.	PUNCT
fbem-7147	104	1	in	in	ADP
fbem-7147	104	2	addition	addition	NOUN
fbem-7147	104	3	,	,	PUNCT
fbem-7147	104	4	through	through	ADP
fbem-7147	104	5	business	business	NOUN
fbem-7147	104	6	collaboration	collaboration	NOUN
fbem-7147	104	7	with	with	ADP
fbem-7147	104	8	private	private	ADJ
fbem-7147	104	9	enterprises	enterprise	NOUN
fbem-7147	104	10	,	,	PUNCT
fbem-7147	104	11	it	it	PRON
fbem-7147	104	12	is	be	AUX
fbem-7147	104	13	conducive	conducive	ADJ
fbem-7147	104	14	to	to	ADP
fbem-7147	104	15	promoting	promote	VERB
fbem-7147	104	16	the	the	DET
fbem-7147	104	17	transformation	transformation	NOUN
fbem-7147	104	18	and	and	CCONJ
fbem-7147	104	19	upgrading	upgrading	NOUN
fbem-7147	104	20	of	of	ADP
fbem-7147	104	21	traditional	traditional	ADJ
fbem-7147	104	22	business	business	NOUN
fbem-7147	104	23	..	..	PUNCT
fbem-7147	105	1	2.2.2	2.2.2	X
fbem-7147	105	2	.	.	PUNCT
fbem-7147	105	3	strengthen	strengthen	VERB
fbem-7147	105	4	the	the	DET
fbem-7147	105	5	construction	construction	NOUN
fbem-7147	105	6	of	of	ADP
fbem-7147	105	7	company	company	NOUN
fbem-7147	105	8	managers	manager	NOUN
fbem-7147	105	9	traditional	traditional	ADJ
fbem-7147	105	10	state	state	NOUN
fbem-7147	105	11	-	-	PUNCT
fbem-7147	105	12	owned	own	VERB
fbem-7147	105	13	enterprises	enterprise	NOUN
fbem-7147	105	14	usually	usually	ADV
fbem-7147	105	15	face	face	VERB
fbem-7147	105	16	a	a	DET
fbem-7147	105	17	huge	huge	ADJ
fbem-7147	105	18	management	management	NOUN
fbem-7147	105	19	team	team	NOUN
fbem-7147	105	20	,	,	PUNCT
fbem-7147	105	21	but	but	CCONJ
fbem-7147	105	22	the	the	DET
fbem-7147	105	23	division	division	NOUN
fbem-7147	105	24	of	of	ADP
fbem-7147	105	25	relevant	relevant	ADJ
fbem-7147	105	26	responsibilities	responsibility	NOUN
fbem-7147	105	27	is	be	AUX
fbem-7147	105	28	not	not	PART
fbem-7147	105	29	clear	clear	ADJ
fbem-7147	105	30	,	,	PUNCT
fbem-7147	105	31	resulting	result	VERB
fbem-7147	105	32	in	in	ADP
fbem-7147	105	33	low	low	ADJ
fbem-7147	105	34	management	management	NOUN
fbem-7147	105	35	efficiency	efficiency	NOUN
fbem-7147	105	36	,	,	PUNCT
fbem-7147	105	37	in	in	ADP
fbem-7147	105	38	the	the	DET
fbem-7147	105	39	case	case	NOUN
fbem-7147	105	40	of	of	ADP
fbem-7147	105	41	imperfect	imperfect	ADJ
fbem-7147	105	42	performance	performance	NOUN
fbem-7147	105	43	appraisal	appraisal	NOUN
fbem-7147	105	44	system	system	NOUN
fbem-7147	105	45	or	or	CCONJ
fbem-7147	105	46	inadequate	inadequate	ADJ
fbem-7147	105	47	implementation	implementation	NOUN
fbem-7147	105	48	,	,	PUNCT
fbem-7147	105	49	they	they	PRON
fbem-7147	105	50	will	will	AUX
fbem-7147	105	51	also	also	ADV
fbem-7147	105	52	face	face	VERB
fbem-7147	105	53	the	the	DET
fbem-7147	105	54	lack	lack	NOUN
fbem-7147	105	55	of	of	ADP
fbem-7147	105	56	competition	competition	NOUN
fbem-7147	105	57	awareness	awareness	NOUN
fbem-7147	105	58	and	and	CCONJ
fbem-7147	105	59	motivation	motivation	NOUN
fbem-7147	105	60	of	of	ADP
fbem-7147	105	61	their	their	PRON
fbem-7147	105	62	branches	branch	NOUN
fbem-7147	105	63	,	,	PUNCT
fbem-7147	105	64	which	which	PRON
fbem-7147	105	65	leads	lead	VERB
fbem-7147	105	66	to	to	ADP
fbem-7147	105	67	the	the	DET
fbem-7147	105	68	failure	failure	NOUN
fbem-7147	105	69	of	of	ADP
fbem-7147	105	70	enterprises	enterprise	NOUN
fbem-7147	105	71	to	to	PART
fbem-7147	105	72	maintain	maintain	VERB
fbem-7147	105	73	sustained	sustained	ADJ
fbem-7147	105	74	vitality	vitality	NOUN
fbem-7147	105	75	and	and	CCONJ
fbem-7147	105	76	motivation	motivation	NOUN
fbem-7147	105	77	in	in	ADP
fbem-7147	105	78	the	the	DET
fbem-7147	105	79	increasingly	increasingly	ADV
fbem-7147	105	80	fierce	fierce	ADJ
fbem-7147	105	81	market	market	NOUN
fbem-7147	105	82	competition	competition	NOUN
fbem-7147	105	83	.	.	PUNCT
fbem-7147	106	1	in	in	ADP
fbem-7147	106	2	addition	addition	NOUN
fbem-7147	106	3	,	,	PUNCT
fbem-7147	106	4	state	state	NOUN
fbem-7147	106	5	-	-	PUNCT
fbem-7147	106	6	owned	own	VERB
fbem-7147	106	7	enterprises	enterprise	NOUN
fbem-7147	106	8	have	have	VERB
fbem-7147	106	9	a	a	DET
fbem-7147	106	10	long	long	ADJ
fbem-7147	106	11	chain	chain	NOUN
fbem-7147	106	12	of	of	ADP
fbem-7147	106	13	information	information	NOUN
fbem-7147	106	14	transmission	transmission	NOUN
fbem-7147	106	15	,	,	PUNCT
fbem-7147	106	16	which	which	PRON
fbem-7147	106	17	affects	affect	VERB
fbem-7147	106	18	the	the	DET
fbem-7147	106	19	effectiveness	effectiveness	NOUN
fbem-7147	106	20	and	and	CCONJ
fbem-7147	106	21	timeliness	timeliness	NOUN
fbem-7147	106	22	of	of	ADP
fbem-7147	106	23	information	information	NOUN
fbem-7147	106	24	transmission	transmission	NOUN
fbem-7147	106	25	to	to	ADP
fbem-7147	106	26	a	a	DET
fbem-7147	106	27	certain	certain	ADJ
fbem-7147	106	28	extent	extent	NOUN
fbem-7147	106	29	,	,	PUNCT
fbem-7147	106	30	whether	whether	SCONJ
fbem-7147	106	31	it	it	PRON
fbem-7147	106	32	is	be	AUX
fbem-7147	106	33	the	the	DET
fbem-7147	106	34	slow	slow	ADJ
fbem-7147	106	35	process	process	NOUN
fbem-7147	106	36	of	of	ADP
fbem-7147	106	37	top	top	ADJ
fbem-7147	106	38	-	-	PUNCT
fbem-7147	106	39	level	level	NOUN
fbem-7147	106	40	decision	decision	NOUN
fbem-7147	106	41	-	-	PUNCT
fbem-7147	106	42	making	making	NOUN
fbem-7147	106	43	or	or	CCONJ
fbem-7147	106	44	the	the	DET
fbem-7147	106	45	distortion	distortion	NOUN
fbem-7147	106	46	of	of	ADP
fbem-7147	106	47	grass	grass	NOUN
fbem-7147	106	48	-	-	PUNCT
fbem-7147	106	49	roots	root	NOUN
fbem-7147	106	50	feedback	feedback	NOUN
fbem-7147	106	51	in	in	ADP
fbem-7147	106	52	the	the	DET
fbem-7147	106	53	transmission	transmission	NOUN
fbem-7147	106	54	process	process	NOUN
fbem-7147	106	55	,	,	PUNCT
fbem-7147	106	56	and	and	CCONJ
fbem-7147	106	57	further	far	ADV
fbem-7147	106	58	affects	affect	VERB
fbem-7147	106	59	the	the	DET
fbem-7147	106	60	efficiency	efficiency	NOUN
fbem-7147	106	61	and	and	CCONJ
fbem-7147	106	62	effectiveness	effectiveness	NOUN
fbem-7147	106	63	of	of	ADP
fbem-7147	106	64	enterprise	enterprise	NOUN
fbem-7147	106	65	resource	resource	NOUN
fbem-7147	106	66	allocation	allocation	NOUN
fbem-7147	106	67	(	(	PUNCT
fbem-7147	106	68	zhang	zhang	PROPN
fbem-7147	106	69	,	,	PUNCT
fbem-7147	106	70	&	&	CCONJ
fbem-7147	106	71	liu	liu	PROPN
fbem-7147	106	72	,	,	PUNCT
fbem-7147	106	73	2018	2018	NUM
fbem-7147	106	74	)	)	PUNCT
fbem-7147	106	75	.	.	PUNCT
fbem-7147	107	1	therefore	therefore	ADV
fbem-7147	107	2	,	,	PUNCT
fbem-7147	107	3	in	in	ADP
fbem-7147	107	4	order	order	NOUN
fbem-7147	107	5	to	to	PART
fbem-7147	107	6	coordinate	coordinate	VERB
fbem-7147	107	7	with	with	ADP
fbem-7147	107	8	the	the	DET
fbem-7147	107	9	company	company	NOUN
fbem-7147	107	10	's	's	PART
fbem-7147	107	11	transformation	transformation	NOUN
fbem-7147	107	12	and	and	CCONJ
fbem-7147	107	13	development	development	NOUN
fbem-7147	107	14	goals	goal	NOUN
fbem-7147	107	15	and	and	CCONJ
fbem-7147	107	16	the	the	DET
fbem-7147	107	17	transformation	transformation	NOUN
fbem-7147	107	18	of	of	ADP
fbem-7147	107	19	governance	governance	NOUN
fbem-7147	107	20	structure	structure	NOUN
fbem-7147	107	21	,	,	PUNCT
fbem-7147	107	22	china	china	PROPN
fbem-7147	107	23	unicom	unicom	PROPN
fbem-7147	107	24	encourages	encourage	VERB
fbem-7147	107	25	personnel	personnel	NOUN
fbem-7147	107	26	to	to	PART
fbem-7147	107	27	expand	expand	VERB
fbem-7147	107	28	to	to	ADP
fbem-7147	107	29	innovative	innovative	ADJ
fbem-7147	107	30	business	business	NOUN
fbem-7147	107	31	areas	area	NOUN
fbem-7147	107	32	and	and	CCONJ
fbem-7147	107	33	promote	promote	VERB
fbem-7147	107	34	the	the	DET
fbem-7147	107	35	active	active	ADJ
fbem-7147	107	36	participation	participation	NOUN
fbem-7147	107	37	of	of	ADP
fbem-7147	107	38	all	all	DET
fbem-7147	107	39	enterprise	enterprise	NOUN
fbem-7147	107	40	personnel	personnel	NOUN
fbem-7147	107	41	in	in	ADP
fbem-7147	107	42	the	the	DET
fbem-7147	107	43	reform	reform	NOUN
fbem-7147	107	44	process	process	NOUN
fbem-7147	107	45	,	,	PUNCT
fbem-7147	107	46	so	so	SCONJ
fbem-7147	107	47	that	that	SCONJ
fbem-7147	107	48	the	the	DET
fbem-7147	107	49	management	management	NOUN
fbem-7147	107	50	system	system	NOUN
fbem-7147	107	51	can	can	AUX
fbem-7147	107	52	achieve	achieve	VERB
fbem-7147	107	53	initial	initial	ADJ
fbem-7147	107	54	synergy	synergy	NOUN
fbem-7147	107	55	in	in	ADP
fbem-7147	107	56	the	the	DET
fbem-7147	107	57	reform	reform	NOUN
fbem-7147	107	58	process	process	NOUN
fbem-7147	107	59	.	.	PUNCT
fbem-7147	108	1	the	the	DET
fbem-7147	108	2	management	management	NOUN
fbem-7147	108	3	and	and	CCONJ
fbem-7147	108	4	subordinate	subordinate	ADJ
fbem-7147	108	5	employees	employee	NOUN
fbem-7147	108	6	of	of	ADP
fbem-7147	108	7	state	state	NOUN
fbem-7147	108	8	-	-	PUNCT
fbem-7147	108	9	owned	own	VERB
fbem-7147	108	10	enterprises	enterprise	NOUN
fbem-7147	108	11	usually	usually	ADV
fbem-7147	108	12	have	have	VERB
fbem-7147	108	13	the	the	DET
fbem-7147	108	14	thinking	thinking	NOUN
fbem-7147	108	15	habit	habit	NOUN
fbem-7147	108	16	of	of	ADP
fbem-7147	108	17	poor	poor	ADJ
fbem-7147	108	18	efficiency	efficiency	NOUN
fbem-7147	108	19	and	and	CCONJ
fbem-7147	108	20	national	national	ADJ
fbem-7147	108	21	"	"	PUNCT
fbem-7147	108	22	bottom	bottom	ADJ
fbem-7147	108	23	-	-	PUNCT
fbem-7147	108	24	up	up	NOUN
fbem-7147	108	25	"	"	PUNCT
fbem-7147	108	26	.	.	PUNCT
fbem-7147	109	1	under	under	ADP
fbem-7147	109	2	the	the	DET
fbem-7147	109	3	background	background	NOUN
fbem-7147	109	4	that	that	SCONJ
fbem-7147	109	5	strict	strict	ADJ
fbem-7147	109	6	performance	performance	NOUN
fbem-7147	109	7	appraisal	appraisal	NOUN
fbem-7147	109	8	mechanism	mechanism	NOUN
fbem-7147	109	9	and	and	CCONJ
fbem-7147	109	10	incentive	incentive	NOUN
fbem-7147	109	11	mechanism	mechanism	NOUN
fbem-7147	109	12	have	have	AUX
fbem-7147	109	13	not	not	PART
fbem-7147	109	14	yet	yet	ADV
fbem-7147	109	15	been	be	AUX
fbem-7147	109	16	established	establish	VERB
fbem-7147	109	17	,	,	PUNCT
fbem-7147	109	18	the	the	DET
fbem-7147	109	19	execution	execution	NOUN
fbem-7147	109	20	ability	ability	NOUN
fbem-7147	109	21	of	of	ADP
fbem-7147	109	22	employees	employee	NOUN
fbem-7147	109	23	is	be	AUX
fbem-7147	109	24	low	low	ADJ
fbem-7147	109	25	,	,	PUNCT
fbem-7147	109	26	which	which	PRON
fbem-7147	109	27	affects	affect	VERB
fbem-7147	109	28	the	the	DET
fbem-7147	109	29	management	management	NOUN
fbem-7147	109	30	efficiency	efficiency	NOUN
fbem-7147	109	31	of	of	ADP
fbem-7147	109	32	the	the	DET
fbem-7147	109	33	company	company	NOUN
fbem-7147	109	34	,	,	PUNCT
fbem-7147	109	35	and	and	CCONJ
fbem-7147	109	36	then	then	ADV
fbem-7147	109	37	affects	affect	VERB
fbem-7147	109	38	the	the	DET
fbem-7147	109	39	realization	realization	NOUN
fbem-7147	109	40	of	of	ADP
fbem-7147	109	41	operating	operate	VERB
fbem-7147	109	42	efficiency	efficiency	NOUN
fbem-7147	109	43	and	and	CCONJ
fbem-7147	109	44	shareholders	shareholder	NOUN
fbem-7147	109	45	’	'	PUNCT
fbem-7147	109	46	interests	interest	NOUN
fbem-7147	109	47	(	(	PUNCT
fbem-7147	109	48	chen	chen	PROPN
fbem-7147	109	49	,	,	PUNCT
fbem-7147	109	50	2019	2019	NUM
fbem-7147	109	51	)	)	PUNCT
fbem-7147	109	52	.	.	PUNCT
fbem-7147	110	1	before	before	ADP
fbem-7147	110	2	the	the	DET
fbem-7147	110	3	reform	reform	NOUN
fbem-7147	110	4	of	of	ADP
fbem-7147	110	5	mixed	mixed	ADJ
fbem-7147	110	6	ownership	ownership	NOUN
fbem-7147	110	7	,	,	PUNCT
fbem-7147	110	8	china	china	PROPN
fbem-7147	110	9	unicom	unicom	PROPN
fbem-7147	110	10	initially	initially	ADV
fbem-7147	110	11	planned	plan	VERB
fbem-7147	110	12	the	the	DET
fbem-7147	110	13	strategic	strategic	ADJ
fbem-7147	110	14	policy	policy	NOUN
fbem-7147	110	15	of	of	ADP
fbem-7147	110	16	"	"	PUNCT
fbem-7147	110	17	dividing	divide	VERB
fbem-7147	110	18	small	small	ADJ
fbem-7147	110	19	teams	team	NOUN
fbem-7147	110	20	into	into	ADP
fbem-7147	110	21	responsibility	responsibility	NOUN
fbem-7147	110	22	contracting	contracting	NOUN
fbem-7147	110	23	system	system	NOUN
fbem-7147	110	24	"	"	PUNCT
fbem-7147	110	25	,	,	PUNCT
fbem-7147	110	26	which	which	PRON
fbem-7147	110	27	was	be	AUX
fbem-7147	110	28	carried	carry	VERB
fbem-7147	110	29	out	out	ADP
fbem-7147	110	30	in	in	ADP
fbem-7147	110	31	various	various	ADJ
fbem-7147	110	32	places	place	NOUN
fbem-7147	110	33	after	after	ADP
fbem-7147	110	34	the	the	DET
fbem-7147	110	35	reform	reform	NOUN
fbem-7147	110	36	of	of	ADP
fbem-7147	110	37	mixed	mixed	ADJ
fbem-7147	110	38	ownership	ownership	NOUN
fbem-7147	110	39	.	.	PUNCT
fbem-7147	111	1	the	the	DET
fbem-7147	111	2	strategic	strategic	ADJ
fbem-7147	111	3	policy	policy	NOUN
fbem-7147	111	4	of	of	ADP
fbem-7147	111	5	"	"	PUNCT
fbem-7147	111	6	dividing	divide	VERB
fbem-7147	111	7	small	small	ADJ
fbem-7147	111	8	teams	team	NOUN
fbem-7147	111	9	for	for	ADP
fbem-7147	111	10	responsibility	responsibility	NOUN
fbem-7147	111	11	contracting	contracting	NOUN
fbem-7147	111	12	system	system	NOUN
fbem-7147	111	13	"	"	PUNCT
fbem-7147	111	14	is	be	AUX
fbem-7147	111	15	to	to	PART
fbem-7147	111	16	establish	establish	VERB
fbem-7147	111	17	a	a	DET
fbem-7147	111	18	positive	positive	ADJ
fbem-7147	111	19	relationship	relationship	NOUN
fbem-7147	111	20	between	between	ADP
fbem-7147	111	21	the	the	DET
fbem-7147	111	22	personal	personal	ADJ
fbem-7147	111	23	interests	interest	NOUN
fbem-7147	111	24	of	of	ADP
fbem-7147	111	25	operators	operator	NOUN
fbem-7147	111	26	and	and	CCONJ
fbem-7147	111	27	the	the	DET
fbem-7147	111	28	benefits	benefit	NOUN
fbem-7147	111	29	of	of	ADP
fbem-7147	111	30	enterprises	enterprise	NOUN
fbem-7147	111	31	,	,	PUNCT
fbem-7147	111	32	to	to	PART
fbem-7147	111	33	divide	divide	VERB
fbem-7147	111	34	small	small	ADJ
fbem-7147	111	35	teams	team	NOUN
fbem-7147	111	36	into	into	ADP
fbem-7147	111	37	interest	interest	NOUN
fbem-7147	111	38	centers	center	NOUN
fbem-7147	111	39	,	,	PUNCT
fbem-7147	111	40	and	and	CCONJ
fbem-7147	111	41	to	to	ADP
fbem-7147	111	42	189	189	NUM
fbem-7147	111	43	assess	assess	NOUN
fbem-7147	111	44	,	,	PUNCT
fbem-7147	111	45	supervise	supervise	VERB
fbem-7147	111	46	and	and	CCONJ
fbem-7147	111	47	evaluate	evaluate	VERB
fbem-7147	111	48	each	each	DET
fbem-7147	111	49	micro	micro	NOUN
fbem-7147	111	50	-	-	NOUN
fbem-7147	111	51	organization	organization	NOUN
fbem-7147	111	52	as	as	ADP
fbem-7147	111	53	an	an	DET
fbem-7147	111	54	individual	individual	NOUN
fbem-7147	111	55	.	.	PUNCT
fbem-7147	112	1	the	the	DET
fbem-7147	112	2	specific	specific	ADJ
fbem-7147	112	3	steps	step	NOUN
fbem-7147	112	4	of	of	ADP
fbem-7147	112	5	the	the	DET
fbem-7147	112	6	strategic	strategic	ADJ
fbem-7147	112	7	policy	policy	NOUN
fbem-7147	112	8	of	of	ADP
fbem-7147	112	9	"	"	PUNCT
fbem-7147	112	10	dividing	divide	VERB
fbem-7147	112	11	small	small	ADJ
fbem-7147	112	12	teams	team	NOUN
fbem-7147	112	13	for	for	ADP
fbem-7147	112	14	responsibility	responsibility	NOUN
fbem-7147	112	15	contracting	contracting	NOUN
fbem-7147	112	16	system	system	NOUN
fbem-7147	112	17	"	"	PUNCT
fbem-7147	112	18	can	can	AUX
fbem-7147	112	19	be	be	AUX
fbem-7147	112	20	summarized	summarize	VERB
fbem-7147	112	21	as	as	ADP
fbem-7147	112	22	the	the	DET
fbem-7147	112	23	following	follow	VERB
fbem-7147	112	24	six	six	NUM
fbem-7147	112	25	points	point	NOUN
fbem-7147	112	26	:	:	PUNCT
fbem-7147	112	27	establishment	establishment	NOUN
fbem-7147	112	28	of	of	ADP
fbem-7147	112	29	micro	micro	NOUN
fbem-7147	112	30	-	-	NOUN
fbem-7147	112	31	organizations	organization	NOUN
fbem-7147	112	32	,	,	PUNCT
fbem-7147	112	33	selection	selection	NOUN
fbem-7147	112	34	of	of	ADP
fbem-7147	112	35	team	team	NOUN
fbem-7147	112	36	leaders	leader	NOUN
fbem-7147	112	37	,	,	PUNCT
fbem-7147	112	38	assessment	assessment	NOUN
fbem-7147	112	39	of	of	ADP
fbem-7147	112	40	operating	operate	VERB
fbem-7147	112	41	income	income	NOUN
fbem-7147	112	42	and	and	CCONJ
fbem-7147	112	43	profit	profit	NOUN
fbem-7147	112	44	and	and	CCONJ
fbem-7147	112	45	sharing	sharing	NOUN
fbem-7147	112	46	of	of	ADP
fbem-7147	112	47	incremental	incremental	ADJ
fbem-7147	112	48	revenue	revenue	NOUN
fbem-7147	112	49	,	,	PUNCT
fbem-7147	112	50	inverted	invert	VERB
fbem-7147	112	51	triangle	triangle	NOUN
fbem-7147	112	52	service	service	NOUN
fbem-7147	112	53	support	support	NOUN
fbem-7147	112	54	,	,	PUNCT
fbem-7147	112	55	it	it	PRON
fbem-7147	112	56	system	system	NOUN
fbem-7147	112	57	support	support	NOUN
fbem-7147	112	58	,	,	PUNCT
fbem-7147	112	59	and	and	CCONJ
fbem-7147	112	60	supervision	supervision	NOUN
fbem-7147	112	61	and	and	CCONJ
fbem-7147	112	62	evaluation	evaluation	NOUN
fbem-7147	112	63	system	system	NOUN
fbem-7147	112	64	(	(	PUNCT
fbem-7147	112	65	zhu	zhu	PROPN
fbem-7147	112	66	,	,	PUNCT
fbem-7147	112	67	2020	2020	NUM
fbem-7147	112	68	)	)	PUNCT
fbem-7147	112	69	.	.	PUNCT
fbem-7147	113	1	in	in	ADP
fbem-7147	113	2	terms	term	NOUN
fbem-7147	113	3	of	of	ADP
fbem-7147	113	4	cost	cost	NOUN
fbem-7147	113	5	control	control	NOUN
fbem-7147	113	6	,	,	PUNCT
fbem-7147	113	7	it	it	PRON
fbem-7147	113	8	is	be	AUX
fbem-7147	113	9	conducive	conducive	ADJ
fbem-7147	113	10	to	to	ADP
fbem-7147	113	11	the	the	DET
fbem-7147	113	12	realization	realization	NOUN
fbem-7147	113	13	of	of	ADP
fbem-7147	113	14	fine	fine	ADJ
fbem-7147	113	15	cost	cost	NOUN
fbem-7147	113	16	control	control	NOUN
fbem-7147	113	17	.	.	PUNCT
fbem-7147	114	1	establish	establish	VERB
fbem-7147	114	2	a	a	DET
fbem-7147	114	3	micro	micro	ADJ
fbem-7147	114	4	-	-	NOUN
fbem-7147	114	5	business	business	ADJ
fbem-7147	114	6	organization	organization	NOUN
fbem-7147	114	7	to	to	PART
fbem-7147	114	8	subdivide	subdivide	VERB
fbem-7147	114	9	the	the	DET
fbem-7147	114	10	company	company	NOUN
fbem-7147	114	11	's	's	PART
fbem-7147	114	12	business	business	NOUN
fbem-7147	114	13	,	,	PUNCT
fbem-7147	114	14	so	so	SCONJ
fbem-7147	114	15	that	that	SCONJ
fbem-7147	114	16	employees	employee	NOUN
fbem-7147	114	17	can	can	AUX
fbem-7147	114	18	perform	perform	VERB
fbem-7147	114	19	their	their	PRON
fbem-7147	114	20	duties	duty	NOUN
fbem-7147	114	21	to	to	PART
fbem-7147	114	22	promote	promote	VERB
fbem-7147	114	23	the	the	DET
fbem-7147	114	24	improvement	improvement	NOUN
fbem-7147	114	25	of	of	ADP
fbem-7147	114	26	personal	personal	ADJ
fbem-7147	114	27	execution	execution	NOUN
fbem-7147	114	28	with	with	ADP
fbem-7147	114	29	the	the	DET
fbem-7147	114	30	overall	overall	ADJ
fbem-7147	114	31	interests	interest	NOUN
fbem-7147	114	32	of	of	ADP
fbem-7147	114	33	the	the	DET
fbem-7147	114	34	team	team	NOUN
fbem-7147	114	35	,	,	PUNCT
fbem-7147	114	36	and	and	CCONJ
fbem-7147	114	37	fully	fully	ADV
fbem-7147	114	38	mobilize	mobilize	VERB
fbem-7147	114	39	the	the	DET
fbem-7147	114	40	action	action	NOUN
fbem-7147	114	41	of	of	ADP
fbem-7147	114	42	front	front	ADJ
fbem-7147	114	43	-	-	PUNCT
fbem-7147	114	44	line	line	NOUN
fbem-7147	114	45	employees	employee	NOUN
fbem-7147	114	46	,	,	PUNCT
fbem-7147	114	47	so	so	SCONJ
fbem-7147	114	48	as	as	SCONJ
fbem-7147	114	49	to	to	PART
fbem-7147	114	50	improve	improve	VERB
fbem-7147	114	51	the	the	DET
fbem-7147	114	52	quality	quality	NOUN
fbem-7147	114	53	of	of	ADP
fbem-7147	114	54	professional	professional	ADJ
fbem-7147	114	55	services	service	NOUN
fbem-7147	114	56	and	and	CCONJ
fbem-7147	114	57	increase	increase	VERB
fbem-7147	114	58	revenue	revenue	NOUN
fbem-7147	114	59	(	(	PUNCT
fbem-7147	114	60	cui	cui	NOUN
fbem-7147	114	61	,	,	PUNCT
fbem-7147	114	62	2021	2021	NUM
fbem-7147	114	63	)	)	PUNCT
fbem-7147	114	64	.	.	PUNCT
fbem-7147	115	1	after	after	ADP
fbem-7147	115	2	the	the	DET
fbem-7147	115	3	reform	reform	NOUN
fbem-7147	115	4	of	of	ADP
fbem-7147	115	5	mixed	mixed	ADJ
fbem-7147	115	6	ownership	ownership	NOUN
fbem-7147	115	7	,	,	PUNCT
fbem-7147	115	8	china	china	PROPN
fbem-7147	115	9	unicom	unicom	PROPN
fbem-7147	115	10	fully	fully	ADV
fbem-7147	115	11	integrates	integrate	VERB
fbem-7147	115	12	the	the	DET
fbem-7147	115	13	elements	element	NOUN
fbem-7147	115	14	of	of	ADP
fbem-7147	115	15	market	market	NOUN
fbem-7147	115	16	competition	competition	NOUN
fbem-7147	115	17	into	into	ADP
fbem-7147	115	18	the	the	DET
fbem-7147	115	19	selection	selection	NOUN
fbem-7147	115	20	and	and	CCONJ
fbem-7147	115	21	withdrawal	withdrawal	NOUN
fbem-7147	115	22	mechanism	mechanism	NOUN
fbem-7147	115	23	of	of	ADP
fbem-7147	115	24	personnel	personnel	NOUN
fbem-7147	115	25	,	,	PUNCT
fbem-7147	115	26	establishes	establish	VERB
fbem-7147	115	27	the	the	DET
fbem-7147	115	28	withdrawal	withdrawal	NOUN
fbem-7147	115	29	mechanism	mechanism	NOUN
fbem-7147	115	30	of	of	ADP
fbem-7147	115	31	open	open	ADJ
fbem-7147	115	32	competition	competition	NOUN
fbem-7147	115	33	and	and	CCONJ
fbem-7147	115	34	competency	competency	NOUN
fbem-7147	115	35	evaluation	evaluation	NOUN
fbem-7147	115	36	,	,	PUNCT
fbem-7147	115	37	and	and	CCONJ
fbem-7147	115	38	if	if	SCONJ
fbem-7147	115	39	it	it	PRON
fbem-7147	115	40	fails	fail	VERB
fbem-7147	115	41	to	to	PART
fbem-7147	115	42	meet	meet	VERB
fbem-7147	115	43	the	the	DET
fbem-7147	115	44	assessment	assessment	NOUN
fbem-7147	115	45	criteria	criterion	NOUN
fbem-7147	115	46	,	,	PUNCT
fbem-7147	115	47	it	it	PRON
fbem-7147	115	48	will	will	AUX
fbem-7147	115	49	face	face	VERB
fbem-7147	115	50	the	the	DET
fbem-7147	115	51	possibility	possibility	NOUN
fbem-7147	115	52	of	of	ADP
fbem-7147	115	53	being	be	AUX
fbem-7147	115	54	demoted	demote	VERB
fbem-7147	115	55	,	,	PUNCT
fbem-7147	115	56	repeated	repeat	VERB
fbem-7147	115	57	or	or	CCONJ
fbem-7147	115	58	even	even	ADV
fbem-7147	115	59	dismissed	dismiss	VERB
fbem-7147	115	60	,	,	PUNCT
fbem-7147	115	61	and	and	CCONJ
fbem-7147	115	62	enhance	enhance	VERB
fbem-7147	115	63	the	the	DET
fbem-7147	115	64	sense	sense	NOUN
fbem-7147	115	65	of	of	ADP
fbem-7147	115	66	competition	competition	NOUN
fbem-7147	115	67	among	among	ADP
fbem-7147	115	68	internal	internal	ADJ
fbem-7147	115	69	employees	employee	NOUN
fbem-7147	115	70	.	.	PUNCT
fbem-7147	116	1	actively	actively	ADV
fbem-7147	116	2	set	set	VERB
fbem-7147	116	3	up	up	ADP
fbem-7147	116	4	personal	personal	ADJ
fbem-7147	116	5	and	and	CCONJ
fbem-7147	116	6	team	team	NOUN
fbem-7147	116	7	goals	goal	NOUN
fbem-7147	116	8	to	to	PART
fbem-7147	116	9	promote	promote	VERB
fbem-7147	116	10	the	the	DET
fbem-7147	116	11	overall	overall	ADJ
fbem-7147	116	12	competitiveness	competitiveness	NOUN
fbem-7147	116	13	of	of	ADP
fbem-7147	116	14	the	the	DET
fbem-7147	116	15	company	company	NOUN
fbem-7147	116	16	.	.	PUNCT
fbem-7147	117	1	2.2.3	2.2.3	X
fbem-7147	117	2	.	.	PUNCT
fbem-7147	118	1	establishment	establishment	NOUN
fbem-7147	118	2	of	of	ADP
fbem-7147	118	3	equity	equity	NOUN
fbem-7147	118	4	incentive	incentive	NOUN
fbem-7147	118	5	mechanism	mechanism	NOUN
fbem-7147	118	6	china	china	PROPN
fbem-7147	118	7	unicom	unicom	PROPN
fbem-7147	118	8	has	have	AUX
fbem-7147	118	9	continued	continue	VERB
fbem-7147	118	10	to	to	PART
fbem-7147	118	11	promote	promote	VERB
fbem-7147	118	12	the	the	DET
fbem-7147	118	13	reform	reform	NOUN
fbem-7147	118	14	of	of	ADP
fbem-7147	118	15	responsibility	responsibility	NOUN
fbem-7147	118	16	contracting	contracting	NOUN
fbem-7147	118	17	system	system	NOUN
fbem-7147	118	18	,	,	PUNCT
fbem-7147	118	19	personnel	personnel	NOUN
fbem-7147	118	20	training	training	NOUN
fbem-7147	118	21	,	,	PUNCT
fbem-7147	118	22	salary	salary	NOUN
fbem-7147	118	23	system	system	NOUN
fbem-7147	118	24	,	,	PUNCT
fbem-7147	118	25	assessment	assessment	NOUN
fbem-7147	118	26	system	system	NOUN
fbem-7147	118	27	and	and	CCONJ
fbem-7147	118	28	other	other	ADJ
fbem-7147	118	29	aspects	aspect	NOUN
fbem-7147	118	30	by	by	ADP
fbem-7147	118	31	dividing	divide	VERB
fbem-7147	118	32	small	small	ADJ
fbem-7147	118	33	teams	team	NOUN
fbem-7147	118	34	.	.	PUNCT
fbem-7147	119	1	among	among	ADP
fbem-7147	119	2	these	these	DET
fbem-7147	119	3	reform	reform	NOUN
fbem-7147	119	4	measures	measure	NOUN
fbem-7147	119	5	,	,	PUNCT
fbem-7147	119	6	personnel	personnel	NOUN
fbem-7147	119	7	incentive	incentive	NOUN
fbem-7147	119	8	is	be	AUX
fbem-7147	119	9	particularly	particularly	ADV
fbem-7147	119	10	important	important	ADJ
fbem-7147	119	11	,	,	PUNCT
fbem-7147	119	12	so	so	ADV
fbem-7147	119	13	china	china	PROPN
fbem-7147	119	14	unicom	unicom	PROPN
fbem-7147	119	15	launched	launch	VERB
fbem-7147	119	16	the	the	DET
fbem-7147	119	17	employee	employee	NOUN
fbem-7147	119	18	restricted	restrict	VERB
fbem-7147	119	19	stock	stock	NOUN
fbem-7147	119	20	incentive	incentive	NOUN
fbem-7147	119	21	plan	plan	NOUN
fbem-7147	119	22	in	in	ADP
fbem-7147	119	23	2017	2017	NUM
fbem-7147	119	24	to	to	PART
fbem-7147	119	25	improve	improve	VERB
fbem-7147	119	26	the	the	DET
fbem-7147	119	27	incentive	incentive	NOUN
fbem-7147	119	28	system	system	NOUN
fbem-7147	119	29	,	,	PUNCT
fbem-7147	119	30	strengthen	strengthen	VERB
fbem-7147	119	31	the	the	DET
fbem-7147	119	32	incentive	incentive	NOUN
fbem-7147	119	33	effect	effect	NOUN
fbem-7147	119	34	and	and	CCONJ
fbem-7147	119	35	enhance	enhance	VERB
fbem-7147	119	36	the	the	DET
fbem-7147	119	37	stickiness	stickiness	NOUN
fbem-7147	119	38	of	of	ADP
fbem-7147	119	39	high	high	ADJ
fbem-7147	119	40	-	-	PUNCT
fbem-7147	119	41	quality	quality	NOUN
fbem-7147	119	42	talents	talent	NOUN
fbem-7147	119	43	(	(	PUNCT
fbem-7147	119	44	chen	chen	PROPN
fbem-7147	119	45	,	,	PUNCT
fbem-7147	119	46	2019	2019	NUM
fbem-7147	119	47	)	)	PUNCT
fbem-7147	119	48	.	.	PUNCT
fbem-7147	120	1	after	after	ADP
fbem-7147	120	2	obtaining	obtain	VERB
fbem-7147	120	3	approval	approval	NOUN
fbem-7147	120	4	from	from	ADP
fbem-7147	120	5	the	the	DET
fbem-7147	120	6	state	state	NOUN
fbem-7147	120	7	-	-	PUNCT
fbem-7147	120	8	owned	own	VERB
fbem-7147	120	9	assets	asset	NOUN
fbem-7147	120	10	supervision	supervision	NOUN
fbem-7147	120	11	and	and	CCONJ
fbem-7147	120	12	administration	administration	PROPN
fbem-7147	120	13	commission	commission	PROPN
fbem-7147	120	14	of	of	ADP
fbem-7147	120	15	the	the	DET
fbem-7147	120	16	state	state	PROPN
fbem-7147	120	17	council	council	PROPN
fbem-7147	120	18	in	in	ADP
fbem-7147	120	19	2017	2017	NUM
fbem-7147	120	20	,	,	PUNCT
fbem-7147	120	21	china	china	PROPN
fbem-7147	120	22	unicom	unicom	PROPN
fbem-7147	120	23	launched	launch	VERB
fbem-7147	120	24	an	an	DET
fbem-7147	120	25	internal	internal	ADJ
fbem-7147	120	26	selection	selection	NOUN
fbem-7147	120	27	plan	plan	NOUN
fbem-7147	120	28	to	to	PART
fbem-7147	120	29	determine	determine	VERB
fbem-7147	120	30	the	the	DET
fbem-7147	120	31	awarding	awarding	NOUN
fbem-7147	120	32	personnel	personnel	NOUN
fbem-7147	120	33	.	.	PUNCT
fbem-7147	121	1	from	from	ADP
fbem-7147	121	2	the	the	DET
fbem-7147	121	3	point	point	NOUN
fbem-7147	121	4	of	of	ADP
fbem-7147	121	5	view	view	NOUN
fbem-7147	121	6	of	of	ADP
fbem-7147	121	7	the	the	DET
fbem-7147	121	8	selection	selection	NOUN
fbem-7147	121	9	of	of	ADP
fbem-7147	121	10	granting	grant	VERB
fbem-7147	121	11	personnel	personnel	NOUN
fbem-7147	121	12	,	,	PUNCT
fbem-7147	121	13	unlike	unlike	ADP
fbem-7147	121	14	the	the	DET
fbem-7147	121	15	traditional	traditional	ADJ
fbem-7147	121	16	granting	grant	VERB
fbem-7147	121	17	plan	plan	NOUN
fbem-7147	121	18	in	in	ADP
fbem-7147	121	19	which	which	PRON
fbem-7147	121	20	the	the	DET
fbem-7147	121	21	granting	grant	VERB
fbem-7147	121	22	object	object	NOUN
fbem-7147	121	23	is	be	AUX
fbem-7147	121	24	completely	completely	ADV
fbem-7147	121	25	inclined	inclined	ADJ
fbem-7147	121	26	to	to	ADP
fbem-7147	121	27	senior	senior	ADJ
fbem-7147	121	28	managers	manager	NOUN
fbem-7147	121	29	,	,	PUNCT
fbem-7147	121	30	the	the	DET
fbem-7147	121	31	stock	stock	NOUN
fbem-7147	121	32	incentive	incentive	NOUN
fbem-7147	121	33	granting	grant	VERB
fbem-7147	121	34	object	object	NOUN
fbem-7147	121	35	of	of	ADP
fbem-7147	121	36	china	china	PROPN
fbem-7147	121	37	unicom	unicom	PROPN
fbem-7147	121	38	is	be	AUX
fbem-7147	121	39	wider	wide	ADJ
fbem-7147	121	40	,	,	PUNCT
fbem-7147	121	41	including	include	VERB
fbem-7147	121	42	not	not	PART
fbem-7147	121	43	only	only	ADV
fbem-7147	121	44	managers	manager	NOUN
fbem-7147	121	45	,	,	PUNCT
fbem-7147	121	46	but	but	CCONJ
fbem-7147	121	47	also	also	ADV
fbem-7147	121	48	core	core	VERB
fbem-7147	121	49	professional	professional	ADJ
fbem-7147	121	50	and	and	CCONJ
fbem-7147	121	51	technical	technical	ADJ
fbem-7147	121	52	personnel	personnel	NOUN
fbem-7147	121	53	,	,	PUNCT
fbem-7147	121	54	which	which	PRON
fbem-7147	121	55	shows	show	VERB
fbem-7147	121	56	that	that	SCONJ
fbem-7147	121	57	the	the	DET
fbem-7147	121	58	incentive	incentive	NOUN
fbem-7147	121	59	measures	measure	NOUN
fbem-7147	121	60	tend	tend	VERB
fbem-7147	121	61	to	to	ADP
fbem-7147	121	62	grass	grass	NOUN
fbem-7147	121	63	-	-	PUNCT
fbem-7147	121	64	roots	root	NOUN
fbem-7147	121	65	personnel	personnel	NOUN
fbem-7147	121	66	and	and	CCONJ
fbem-7147	121	67	exclusive	exclusive	ADJ
fbem-7147	121	68	personnel	personnel	NOUN
fbem-7147	121	69	.	.	PUNCT
fbem-7147	122	1	it	it	PRON
fbem-7147	122	2	emphasizes	emphasize	VERB
fbem-7147	122	3	businessoriented	businessoriented	ADJ
fbem-7147	122	4	and	and	CCONJ
fbem-7147	122	5	more	more	ADJ
fbem-7147	122	6	pay	pay	NOUN
fbem-7147	122	7	for	for	ADP
fbem-7147	122	8	more	more	ADJ
fbem-7147	122	9	work	work	NOUN
fbem-7147	122	10	,	,	PUNCT
fbem-7147	122	11	which	which	PRON
fbem-7147	122	12	enhances	enhance	VERB
fbem-7147	122	13	the	the	DET
fbem-7147	122	14	relationship	relationship	NOUN
fbem-7147	122	15	between	between	ADP
fbem-7147	122	16	grass	grass	NOUN
fbem-7147	122	17	-	-	PUNCT
fbem-7147	122	18	roots	root	NOUN
fbem-7147	122	19	employees	employee	NOUN
fbem-7147	122	20	and	and	CCONJ
fbem-7147	122	21	the	the	DET
fbem-7147	122	22	interests	interest	NOUN
fbem-7147	122	23	of	of	ADP
fbem-7147	122	24	the	the	DET
fbem-7147	122	25	company	company	NOUN
fbem-7147	122	26	.	.	PUNCT
fbem-7147	123	1	at	at	ADP
fbem-7147	123	2	the	the	DET
fbem-7147	123	3	same	same	ADJ
fbem-7147	123	4	time	time	NOUN
fbem-7147	123	5	,	,	PUNCT
fbem-7147	123	6	china	china	PROPN
fbem-7147	123	7	unicom	unicom	PROPN
fbem-7147	123	8	has	have	AUX
fbem-7147	123	9	stipulated	stipulate	VERB
fbem-7147	123	10	that	that	SCONJ
fbem-7147	123	11	the	the	DET
fbem-7147	123	12	effective	effective	ADJ
fbem-7147	123	13	time	time	NOUN
fbem-7147	123	14	range	range	NOUN
fbem-7147	123	15	of	of	ADP
fbem-7147	123	16	the	the	DET
fbem-7147	123	17	restricted	restricted	ADJ
fbem-7147	123	18	stock	stock	NOUN
fbem-7147	123	19	issued	issue	VERB
fbem-7147	123	20	this	this	DET
fbem-7147	123	21	time	time	NOUN
fbem-7147	123	22	is	be	AUX
fbem-7147	123	23	five	five	NUM
fbem-7147	123	24	years	year	NOUN
fbem-7147	123	25	,	,	PUNCT
fbem-7147	123	26	the	the	DET
fbem-7147	123	27	first	first	ADJ
fbem-7147	123	28	two	two	NUM
fbem-7147	123	29	years	year	NOUN
fbem-7147	123	30	are	be	AUX
fbem-7147	123	31	the	the	DET
fbem-7147	123	32	restricted	restricted	ADJ
fbem-7147	123	33	period	period	NOUN
fbem-7147	123	34	,	,	PUNCT
fbem-7147	123	35	and	and	CCONJ
fbem-7147	123	36	the	the	DET
fbem-7147	123	37	last	last	ADJ
fbem-7147	123	38	three	three	NUM
fbem-7147	123	39	years	year	NOUN
fbem-7147	123	40	are	be	AUX
fbem-7147	123	41	the	the	DET
fbem-7147	123	42	unlocking	unlock	VERB
fbem-7147	123	43	period	period	NOUN
fbem-7147	123	44	,	,	PUNCT
fbem-7147	123	45	so	so	SCONJ
fbem-7147	123	46	as	as	SCONJ
fbem-7147	123	47	to	to	PART
fbem-7147	123	48	extend	extend	VERB
fbem-7147	123	49	the	the	DET
fbem-7147	123	50	incentive	incentive	NOUN
fbem-7147	123	51	time	time	NOUN
fbem-7147	123	52	for	for	ADP
fbem-7147	123	53	employees	employee	NOUN
fbem-7147	123	54	,	,	PUNCT
fbem-7147	123	55	which	which	PRON
fbem-7147	123	56	is	be	AUX
fbem-7147	123	57	conducive	conducive	ADJ
fbem-7147	123	58	to	to	ADP
fbem-7147	123	59	retaining	retain	VERB
fbem-7147	123	60	excellent	excellent	ADJ
fbem-7147	123	61	employees	employee	NOUN
fbem-7147	123	62	,	,	PUNCT
fbem-7147	123	63	enhancing	enhance	VERB
fbem-7147	123	64	the	the	DET
fbem-7147	123	65	stickiness	stickiness	NOUN
fbem-7147	123	66	between	between	ADP
fbem-7147	123	67	employees	employee	NOUN
fbem-7147	123	68	and	and	CCONJ
fbem-7147	123	69	the	the	DET
fbem-7147	123	70	company	company	NOUN
fbem-7147	123	71	,	,	PUNCT
fbem-7147	123	72	and	and	CCONJ
fbem-7147	123	73	forming	form	VERB
fbem-7147	123	74	a	a	DET
fbem-7147	123	75	benign	benign	ADJ
fbem-7147	123	76	mechanism	mechanism	NOUN
fbem-7147	123	77	for	for	ADP
fbem-7147	123	78	the	the	DET
fbem-7147	123	79	common	common	ADJ
fbem-7147	123	80	growth	growth	NOUN
fbem-7147	123	81	of	of	ADP
fbem-7147	123	82	excellent	excellent	ADJ
fbem-7147	123	83	talents	talent	NOUN
fbem-7147	123	84	and	and	CCONJ
fbem-7147	123	85	the	the	DET
fbem-7147	123	86	company	company	NOUN
fbem-7147	123	87	.	.	PUNCT
fbem-7147	124	1	the	the	DET
fbem-7147	124	2	design	design	NOUN
fbem-7147	124	3	of	of	ADP
fbem-7147	124	4	the	the	DET
fbem-7147	124	5	granting	grant	VERB
fbem-7147	124	6	conditions	condition	NOUN
fbem-7147	124	7	is	be	AUX
fbem-7147	124	8	guided	guide	VERB
fbem-7147	124	9	by	by	ADP
fbem-7147	124	10	the	the	DET
fbem-7147	124	11	performance	performance	NOUN
fbem-7147	124	12	objectives	objective	NOUN
fbem-7147	124	13	,	,	PUNCT
fbem-7147	124	14	and	and	CCONJ
fbem-7147	124	15	the	the	DET
fbem-7147	124	16	main	main	ADJ
fbem-7147	124	17	business	business	NOUN
fbem-7147	124	18	income	income	NOUN
fbem-7147	124	19	,	,	PUNCT
fbem-7147	124	20	total	total	ADJ
fbem-7147	124	21	profit	profit	NOUN
fbem-7147	124	22	and	and	CCONJ
fbem-7147	124	23	return	return	VERB
fbem-7147	124	24	on	on	ADP
fbem-7147	124	25	net	net	ADJ
fbem-7147	124	26	assets	asset	NOUN
fbem-7147	124	27	are	be	AUX
fbem-7147	124	28	compared	compare	VERB
fbem-7147	124	29	with	with	ADP
fbem-7147	124	30	the	the	DET
fbem-7147	124	31	basic	basic	ADJ
fbem-7147	124	32	standards	standard	NOUN
fbem-7147	124	33	.	.	PUNCT
fbem-7147	125	1	only	only	ADV
fbem-7147	125	2	when	when	SCONJ
fbem-7147	125	3	the	the	DET
fbem-7147	125	4	corresponding	corresponding	ADJ
fbem-7147	125	5	performance	performance	NOUN
fbem-7147	125	6	indicators	indicator	NOUN
fbem-7147	125	7	are	be	AUX
fbem-7147	125	8	achieved	achieve	VERB
fbem-7147	125	9	,	,	PUNCT
fbem-7147	125	10	can	can	AUX
fbem-7147	125	11	the	the	DET
fbem-7147	125	12	stock	stock	NOUN
fbem-7147	125	13	be	be	AUX
fbem-7147	125	14	unlocked	unlock	VERB
fbem-7147	125	15	accordingly	accordingly	ADV
fbem-7147	125	16	,	,	PUNCT
fbem-7147	125	17	and	and	CCONJ
fbem-7147	125	18	the	the	DET
fbem-7147	125	19	enthusiasm	enthusiasm	NOUN
fbem-7147	125	20	of	of	ADP
fbem-7147	125	21	the	the	DET
fbem-7147	125	22	management	management	NOUN
fbem-7147	125	23	team	team	NOUN
fbem-7147	125	24	and	and	CCONJ
fbem-7147	125	25	the	the	DET
fbem-7147	125	26	creativity	creativity	NOUN
fbem-7147	125	27	of	of	ADP
fbem-7147	125	28	the	the	DET
fbem-7147	125	29	employees	employee	NOUN
fbem-7147	125	30	be	be	AUX
fbem-7147	125	31	stimulated	stimulate	VERB
fbem-7147	125	32	,	,	PUNCT
fbem-7147	125	33	so	so	SCONJ
fbem-7147	125	34	as	as	SCONJ
fbem-7147	125	35	to	to	PART
fbem-7147	125	36	promote	promote	VERB
fbem-7147	125	37	the	the	DET
fbem-7147	125	38	value	value	NOUN
fbem-7147	125	39	creation	creation	NOUN
fbem-7147	125	40	of	of	ADP
fbem-7147	125	41	the	the	DET
fbem-7147	125	42	employees	employee	NOUN
fbem-7147	125	43	for	for	ADP
fbem-7147	125	44	the	the	DET
fbem-7147	125	45	company	company	NOUN
fbem-7147	125	46	and	and	CCONJ
fbem-7147	125	47	the	the	DET
fbem-7147	125	48	realization	realization	NOUN
fbem-7147	125	49	of	of	ADP
fbem-7147	125	50	the	the	DET
fbem-7147	125	51	overall	overall	ADJ
fbem-7147	125	52	performance	performance	NOUN
fbem-7147	125	53	objectives	objective	NOUN
fbem-7147	125	54	of	of	ADP
fbem-7147	125	55	the	the	DET
fbem-7147	125	56	company(chen	company(chen	NOUN
fbem-7147	125	57	,	,	PUNCT
fbem-7147	125	58	2019	2019	NUM
fbem-7147	125	59	)	)	PUNCT
fbem-7147	125	60	.	.	PUNCT
fbem-7147	126	1	while	while	SCONJ
fbem-7147	126	2	giving	give	VERB
fbem-7147	126	3	employees	employee	NOUN
fbem-7147	126	4	corresponding	corresponding	ADJ
fbem-7147	126	5	rights	right	NOUN
fbem-7147	126	6	,	,	PUNCT
fbem-7147	126	7	it	it	PRON
fbem-7147	126	8	also	also	ADV
fbem-7147	126	9	formulates	formulate	VERB
fbem-7147	126	10	a	a	DET
fbem-7147	126	11	strict	strict	ADJ
fbem-7147	126	12	assessment	assessment	NOUN
fbem-7147	126	13	mechanism	mechanism	NOUN
fbem-7147	126	14	for	for	ADP
fbem-7147	126	15	the	the	DET
fbem-7147	126	16	exercise	exercise	NOUN
fbem-7147	126	17	of	of	ADP
fbem-7147	126	18	power	power	NOUN
fbem-7147	126	19	,	,	PUNCT
fbem-7147	126	20	and	and	CCONJ
fbem-7147	126	21	formulates	formulate	VERB
fbem-7147	126	22	unlocking	unlock	VERB
fbem-7147	126	23	conditions	condition	NOUN
fbem-7147	126	24	based	base	VERB
fbem-7147	126	25	on	on	ADP
fbem-7147	126	26	performance	performance	NOUN
fbem-7147	126	27	objectives	objective	NOUN
fbem-7147	126	28	,	,	PUNCT
fbem-7147	126	29	which	which	PRON
fbem-7147	126	30	is	be	AUX
fbem-7147	126	31	conducive	conducive	ADJ
fbem-7147	126	32	to	to	ADP
fbem-7147	126	33	the	the	DET
fbem-7147	126	34	real	real	ADJ
fbem-7147	126	35	realization	realization	NOUN
fbem-7147	126	36	of	of	ADP
fbem-7147	126	37	the	the	DET
fbem-7147	126	38	purpose	purpose	NOUN
fbem-7147	126	39	of	of	ADP
fbem-7147	126	40	equity	equity	NOUN
fbem-7147	126	41	incentives	incentive	NOUN
fbem-7147	126	42	,	,	PUNCT
fbem-7147	126	43	people	people	NOUN
fbem-7147	126	44	-	-	PUNCT
fbem-7147	126	45	oriented	orient	VERB
fbem-7147	126	46	,	,	PUNCT
fbem-7147	126	47	and	and	CCONJ
fbem-7147	126	48	substantially	substantially	ADV
fbem-7147	126	49	enhancing	enhance	VERB
fbem-7147	126	50	the	the	DET
fbem-7147	126	51	internal	internal	ADJ
fbem-7147	126	52	capacity	capacity	NOUN
fbem-7147	126	53	of	of	ADP
fbem-7147	126	54	enterprises	enterprise	NOUN
fbem-7147	126	55	,	,	PUNCT
fbem-7147	126	56	so	so	SCONJ
fbem-7147	126	57	as	as	SCONJ
fbem-7147	126	58	to	to	PART
fbem-7147	126	59	improve	improve	VERB
fbem-7147	126	60	the	the	DET
fbem-7147	126	61	business	business	NOUN
fbem-7147	126	62	performance	performance	NOUN
fbem-7147	126	63	of	of	ADP
fbem-7147	126	64	enterprises	enterprise	NOUN
fbem-7147	126	65	and	and	CCONJ
fbem-7147	126	66	increase	increase	VERB
fbem-7147	126	67	the	the	DET
fbem-7147	126	68	guarantee	guarantee	NOUN
fbem-7147	126	69	for	for	ADP
fbem-7147	126	70	the	the	DET
fbem-7147	126	71	realization	realization	NOUN
fbem-7147	126	72	of	of	ADP
fbem-7147	126	73	long	long	ADJ
fbem-7147	126	74	-	-	PUNCT
fbem-7147	126	75	term	term	NOUN
fbem-7147	126	76	business	business	NOUN
fbem-7147	126	77	objectives	objective	NOUN
fbem-7147	126	78	(	(	PUNCT
fbem-7147	126	79	chen	chen	PROPN
fbem-7147	126	80	,	,	PUNCT
fbem-7147	126	81	2019	2019	NUM
fbem-7147	126	82	)	)	PUNCT
fbem-7147	126	83	.	.	PUNCT
fbem-7147	127	1	2.2.4	2.2.4	X
fbem-7147	127	2	.	.	X
fbem-7147	127	3	invite	invite	VERB
fbem-7147	127	4	strategic	strategic	ADJ
fbem-7147	127	5	investors	investor	NOUN
fbem-7147	127	6	to	to	PART
fbem-7147	127	7	join	join	VERB
fbem-7147	127	8	the	the	DET
fbem-7147	127	9	management	management	NOUN
fbem-7147	127	10	of	of	ADP
fbem-7147	127	11	the	the	DET
fbem-7147	127	12	company	company	NOUN
fbem-7147	127	13	in	in	ADP
fbem-7147	127	14	2017	2017	NUM
fbem-7147	127	15	,	,	PUNCT
fbem-7147	127	16	china	china	PROPN
fbem-7147	127	17	unicom	unicom	PROPN
fbem-7147	127	18	transferred	transfer	VERB
fbem-7147	127	19	6.3	6.3	NUM
fbem-7147	127	20	%	%	NOUN
fbem-7147	127	21	of	of	ADP
fbem-7147	127	22	its	its	PRON
fbem-7147	127	23	shares	share	NOUN
fbem-7147	127	24	to	to	ADP
fbem-7147	127	25	the	the	DET
fbem-7147	127	26	china	china	PROPN
fbem-7147	127	27	state	state	NOUN
fbem-7147	127	28	-	-	PUNCT
fbem-7147	127	29	owned	own	VERB
fbem-7147	127	30	enterprise	enterprise	NOUN
fbem-7147	127	31	structural	structural	ADJ
fbem-7147	127	32	adjustment	adjustment	NOUN
fbem-7147	127	33	fund	fund	NOUN
fbem-7147	127	34	through	through	ADP
fbem-7147	127	35	share	share	NOUN
fbem-7147	127	36	transfer	transfer	NOUN
fbem-7147	127	37	,	,	PUNCT
fbem-7147	127	38	and	and	CCONJ
fbem-7147	127	39	issued	issue	VERB
fbem-7147	127	40	a	a	DET
fbem-7147	127	41	-	-	PUNCT
fbem-7147	127	42	share	share	NOUN
fbem-7147	127	43	ordinary	ordinary	ADJ
fbem-7147	127	44	shares	share	NOUN
fbem-7147	127	45	to	to	ADP
fbem-7147	127	46	other	other	ADJ
fbem-7147	127	47	strategic	strategic	ADJ
fbem-7147	127	48	investors	investor	NOUN
fbem-7147	127	49	through	through	ADP
fbem-7147	127	50	non	non	ADJ
fbem-7147	127	51	-	-	ADJ
fbem-7147	127	52	public	public	ADJ
fbem-7147	127	53	issuance	issuance	NOUN
fbem-7147	127	54	of	of	ADP
fbem-7147	127	55	shares	share	NOUN
fbem-7147	127	56	.	.	PUNCT
fbem-7147	128	1	the	the	DET
fbem-7147	128	2	total	total	ADJ
fbem-7147	128	3	shareholding	shareholding	NOUN
fbem-7147	128	4	ratio	ratio	NOUN
fbem-7147	128	5	of	of	ADP
fbem-7147	128	6	internet	internet	NOUN
fbem-7147	128	7	and	and	CCONJ
fbem-7147	128	8	retail	retail	ADJ
fbem-7147	128	9	ecommerce	ecommerce	NOUN
fbem-7147	128	10	enterprises	enterprise	NOUN
fbem-7147	128	11	is	be	AUX
fbem-7147	128	12	15.1	15.1	NUM
fbem-7147	128	13	%	%	NOUN
fbem-7147	128	14	.	.	PUNCT
fbem-7147	129	1	the	the	DET
fbem-7147	129	2	issuance	issuance	NOUN
fbem-7147	129	3	and	and	CCONJ
fbem-7147	129	4	transfer	transfer	NOUN
fbem-7147	129	5	of	of	ADP
fbem-7147	129	6	shares	share	NOUN
fbem-7147	129	7	injected	inject	VERB
fbem-7147	129	8	a	a	DET
fbem-7147	129	9	total	total	NOUN
fbem-7147	129	10	of	of	ADP
fbem-7147	129	11	about	about	ADV
fbem-7147	129	12	75	75	NUM
fbem-7147	129	13	billion	billion	NUM
fbem-7147	129	14	yuan	yuan	NOUN
fbem-7147	129	15	,	,	PUNCT
fbem-7147	129	16	effectively	effectively	ADV
fbem-7147	129	17	solving	solve	VERB
fbem-7147	129	18	the	the	DET
fbem-7147	129	19	dilemma	dilemma	NOUN
fbem-7147	129	20	of	of	ADP
fbem-7147	129	21	insufficient	insufficient	ADJ
fbem-7147	129	22	development	development	NOUN
fbem-7147	129	23	funds	fund	NOUN
fbem-7147	129	24	before	before	ADV
fbem-7147	129	25	,	,	PUNCT
fbem-7147	129	26	and	and	CCONJ
fbem-7147	129	27	enhancing	enhance	VERB
fbem-7147	129	28	the	the	DET
fbem-7147	129	29	driving	drive	VERB
fbem-7147	129	30	force	force	NOUN
fbem-7147	129	31	of	of	ADP
fbem-7147	129	32	innovation	innovation	NOUN
fbem-7147	129	33	and	and	CCONJ
fbem-7147	129	34	development	development	NOUN
fbem-7147	129	35	and	and	CCONJ
fbem-7147	129	36	the	the	DET
fbem-7147	129	37	ability	ability	NOUN
fbem-7147	129	38	to	to	PART
fbem-7147	129	39	resist	resist	VERB
fbem-7147	129	40	risks	risk	NOUN
fbem-7147	129	41	.	.	PUNCT
fbem-7147	130	1	the	the	DET
fbem-7147	130	2	introduction	introduction	NOUN
fbem-7147	130	3	of	of	ADP
fbem-7147	130	4	leading	lead	VERB
fbem-7147	130	5	internet	internet	NOUN
fbem-7147	130	6	industries	industry	NOUN
fbem-7147	130	7	as	as	ADP
fbem-7147	130	8	strategic	strategic	ADJ
fbem-7147	130	9	investors	investor	NOUN
fbem-7147	130	10	is	be	AUX
fbem-7147	130	11	to	to	PART
fbem-7147	130	12	bring	bring	VERB
fbem-7147	130	13	all	all	PRON
fbem-7147	130	14	-	-	PUNCT
fbem-7147	130	15	round	round	NOUN
fbem-7147	130	16	support	support	NOUN
fbem-7147	130	17	for	for	ADP
fbem-7147	130	18	china	china	PROPN
fbem-7147	130	19	unicom	unicom	PROPN
fbem-7147	130	20	in	in	ADP
fbem-7147	130	21	terms	term	NOUN
fbem-7147	130	22	of	of	ADP
fbem-7147	130	23	technology	technology	NOUN
fbem-7147	130	24	,	,	PUNCT
fbem-7147	130	25	talent	talent	NOUN
fbem-7147	130	26	and	and	CCONJ
fbem-7147	130	27	capital	capital	NOUN
fbem-7147	130	28	.	.	PUNCT
fbem-7147	131	1	in	in	ADP
fbem-7147	131	2	order	order	NOUN
fbem-7147	131	3	to	to	PART
fbem-7147	131	4	cope	cope	VERB
fbem-7147	131	5	with	with	ADP
fbem-7147	131	6	the	the	DET
fbem-7147	131	7	intensification	intensification	NOUN
fbem-7147	131	8	of	of	ADP
fbem-7147	131	9	external	external	ADJ
fbem-7147	131	10	competition	competition	NOUN
fbem-7147	131	11	and	and	CCONJ
fbem-7147	131	12	promote	promote	VERB
fbem-7147	131	13	the	the	DET
fbem-7147	131	14	development	development	NOUN
fbem-7147	131	15	of	of	ADP
fbem-7147	131	16	innovative	innovative	ADJ
fbem-7147	131	17	business	business	NOUN
fbem-7147	131	18	scale	scale	NOUN
fbem-7147	131	19	,	,	PUNCT
fbem-7147	131	20	the	the	DET
fbem-7147	131	21	funds	fund	NOUN
fbem-7147	131	22	raised	raise	VERB
fbem-7147	131	23	by	by	ADP
fbem-7147	131	24	the	the	DET
fbem-7147	131	25	reform	reform	NOUN
fbem-7147	131	26	of	of	ADP
fbem-7147	131	27	mixed	mixed	ADJ
fbem-7147	131	28	ownership	ownership	NOUN
fbem-7147	131	29	will	will	AUX
fbem-7147	131	30	be	be	AUX
fbem-7147	131	31	mainly	mainly	ADV
fbem-7147	131	32	used	use	VERB
fbem-7147	131	33	for	for	ADP
fbem-7147	131	34	three	three	NUM
fbem-7147	131	35	major	major	ADJ
fbem-7147	131	36	business	business	NOUN
fbem-7147	131	37	projects	project	NOUN
fbem-7147	131	38	to	to	PART
fbem-7147	131	39	further	far	ADV
fbem-7147	131	40	strengthen	strengthen	VERB
fbem-7147	131	41	the	the	DET
fbem-7147	131	42	service	service	NOUN
fbem-7147	131	43	level	level	NOUN
fbem-7147	131	44	of	of	ADP
fbem-7147	131	45	traditional	traditional	ADJ
fbem-7147	131	46	4	4	NUM
fbem-7147	131	47	g	g	NOUN
fbem-7147	131	48	services	service	NOUN
fbem-7147	131	49	,	,	PUNCT
fbem-7147	131	50	while	while	SCONJ
fbem-7147	131	51	laying	lay	VERB
fbem-7147	131	52	out	out	ADP
fbem-7147	131	53	5	5	NUM
fbem-7147	131	54	g	g	NOUN
fbem-7147	131	55	network	network	NOUN
fbem-7147	131	56	construction	construction	NOUN
fbem-7147	131	57	and	and	CCONJ
fbem-7147	131	58	developing	develop	VERB
fbem-7147	131	59	innovative	innovative	ADJ
fbem-7147	131	60	business	business	NOUN
fbem-7147	131	61	on	on	ADP
fbem-7147	131	62	a	a	DET
fbem-7147	131	63	large	large	ADJ
fbem-7147	131	64	scale	scale	NOUN
fbem-7147	131	65	(	(	PUNCT
fbem-7147	131	66	zhang	zhang	PROPN
fbem-7147	131	67	,	,	PUNCT
fbem-7147	131	68	&	&	CCONJ
fbem-7147	131	69	liu	liu	PROPN
fbem-7147	131	70	,	,	PUNCT
fbem-7147	131	71	2018).tencent	2018).tencent	NUM
fbem-7147	131	72	,	,	PUNCT
fbem-7147	131	73	baidu	baidu	PROPN
fbem-7147	131	74	,	,	PUNCT
fbem-7147	131	75	ali	ali	PROPN
fbem-7147	131	76	and	and	CCONJ
fbem-7147	131	77	other	other	ADJ
fbem-7147	131	78	enterprises	enterprise	NOUN
fbem-7147	131	79	,	,	PUNCT
fbem-7147	131	80	as	as	ADP
fbem-7147	131	81	leaders	leader	NOUN
fbem-7147	131	82	in	in	ADP
fbem-7147	131	83	the	the	DET
fbem-7147	131	84	internet	internet	NOUN
fbem-7147	131	85	industry	industry	NOUN
fbem-7147	131	86	,	,	PUNCT
fbem-7147	131	87	have	have	VERB
fbem-7147	131	88	a	a	DET
fbem-7147	131	89	large	large	ADJ
fbem-7147	131	90	number	number	NOUN
fbem-7147	131	91	of	of	ADP
fbem-7147	131	92	internet	internet	NOUN
fbem-7147	131	93	customers	customer	NOUN
fbem-7147	131	94	.	.	PUNCT
fbem-7147	132	1	by	by	ADP
fbem-7147	132	2	cooperating	cooperate	VERB
fbem-7147	132	3	with	with	ADP
fbem-7147	132	4	them	they	PRON
fbem-7147	132	5	,	,	PUNCT
fbem-7147	132	6	innovating	innovate	VERB
fbem-7147	132	7	business	business	NOUN
fbem-7147	132	8	models	model	NOUN
fbem-7147	132	9	,	,	PUNCT
fbem-7147	132	10	fully	fully	ADV
fbem-7147	132	11	realizing	realize	VERB
fbem-7147	132	12	resource	resource	NOUN
fbem-7147	132	13	sharing	sharing	NOUN
fbem-7147	132	14	and	and	CCONJ
fbem-7147	132	15	business	business	NOUN
fbem-7147	132	16	collaboration	collaboration	NOUN
fbem-7147	132	17	,	,	PUNCT
fbem-7147	132	18	they	they	PRON
fbem-7147	132	19	can	can	AUX
fbem-7147	132	20	help	help	VERB
fbem-7147	132	21	china	china	PROPN
fbem-7147	132	22	unicom	unicom	PROPN
fbem-7147	132	23	acquire	acquire	VERB
fbem-7147	132	24	new	new	ADJ
fbem-7147	132	25	users	user	NOUN
fbem-7147	132	26	at	at	ADP
fbem-7147	132	27	a	a	DET
fbem-7147	132	28	lower	low	ADJ
fbem-7147	132	29	cost	cost	NOUN
fbem-7147	132	30	.	.	PUNCT
fbem-7147	133	1	china	china	PROPN
fbem-7147	133	2	unicom	unicom	PROPN
fbem-7147	133	3	has	have	AUX
fbem-7147	133	4	absorbed	absorb	VERB
fbem-7147	133	5	several	several	ADJ
fbem-7147	133	6	internet	internet	NOUN
fbem-7147	133	7	industry	industry	NOUN
fbem-7147	133	8	leaders	leader	NOUN
fbem-7147	133	9	,	,	PUNCT
fbem-7147	133	10	and	and	CCONJ
fbem-7147	133	11	through	through	ADP
fbem-7147	133	12	in	in	ADP
fbem-7147	133	13	-	-	PUNCT
fbem-7147	133	14	depth	depth	NOUN
fbem-7147	133	15	cooperation	cooperation	NOUN
fbem-7147	133	16	with	with	ADP
fbem-7147	133	17	strategic	strategic	ADJ
fbem-7147	133	18	investors	investor	NOUN
fbem-7147	133	19	,	,	PUNCT
fbem-7147	133	20	it	it	PRON
fbem-7147	133	21	is	be	AUX
fbem-7147	133	22	conducive	conducive	ADJ
fbem-7147	133	23	to	to	ADP
fbem-7147	133	24	promoting	promote	VERB
fbem-7147	133	25	the	the	DET
fbem-7147	133	26	upgrading	upgrading	NOUN
fbem-7147	133	27	of	of	ADP
fbem-7147	133	28	traditional	traditional	ADJ
fbem-7147	133	29	business	business	NOUN
fbem-7147	133	30	and	and	CCONJ
fbem-7147	133	31	vigorously	vigorously	ADV
fbem-7147	133	32	innovating	innovate	VERB
fbem-7147	133	33	and	and	CCONJ
fbem-7147	133	34	launching	launch	VERB
fbem-7147	133	35	new	new	ADJ
fbem-7147	133	36	business	business	NOUN
fbem-7147	133	37	,	,	PUNCT
fbem-7147	133	38	so	so	SCONJ
fbem-7147	133	39	as	as	SCONJ
fbem-7147	133	40	to	to	PART
fbem-7147	133	41	optimize	optimize	VERB
fbem-7147	133	42	its	its	PRON
fbem-7147	133	43	traditional	traditional	ADJ
fbem-7147	133	44	business	business	NOUN
fbem-7147	133	45	structure	structure	NOUN
fbem-7147	133	46	(	(	PUNCT
fbem-7147	133	47	zhang	zhang	PROPN
fbem-7147	133	48	,	,	PUNCT
fbem-7147	133	49	&	&	CCONJ
fbem-7147	133	50	liu	liu	PROPN
fbem-7147	133	51	,	,	PUNCT
fbem-7147	133	52	2018	2018	NUM
fbem-7147	133	53	)	)	PUNCT
fbem-7147	133	54	3	3	NUM
fbem-7147	133	55	.	.	PUNCT
fbem-7147	133	56	research	research	NOUN
fbem-7147	133	57	methodology	methodology	NOUN
fbem-7147	133	58	this	this	DET
fbem-7147	133	59	article	article	NOUN
fbem-7147	133	60	mainly	mainly	ADV
fbem-7147	133	61	uses	use	VERB
fbem-7147	133	62	the	the	DET
fbem-7147	133	63	qualitative	qualitative	ADJ
fbem-7147	133	64	research	research	NOUN
fbem-7147	133	65	analysis	analysis	NOUN
fbem-7147	133	66	method	method	NOUN
fbem-7147	133	67	to	to	PART
fbem-7147	133	68	analyze	analyze	VERB
fbem-7147	133	69	the	the	DET
fbem-7147	133	70	problems	problem	NOUN
fbem-7147	133	71	existing	exist	VERB
fbem-7147	133	72	in	in	ADP
fbem-7147	133	73	the	the	DET
fbem-7147	133	74	corporate	corporate	ADJ
fbem-7147	133	75	governance	governance	NOUN
fbem-7147	133	76	of	of	ADP
fbem-7147	133	77	china	china	PROPN
fbem-7147	133	78	unicom	unicom	PROPN
fbem-7147	133	79	.	.	PUNCT
fbem-7147	134	1	specific	specific	ADJ
fbem-7147	134	2	applications	application	NOUN
fbem-7147	134	3	are	be	AUX
fbem-7147	134	4	as	as	SCONJ
fbem-7147	134	5	follows	follow	VERB
fbem-7147	134	6	:	:	PUNCT
fbem-7147	134	7	1.literature	1.literature	NUM
fbem-7147	134	8	research	research	NOUN
fbem-7147	134	9	method	method	NOUN
fbem-7147	134	10	.	.	PUNCT
fbem-7147	135	1	in	in	ADP
fbem-7147	135	2	view	view	NOUN
fbem-7147	135	3	of	of	ADP
fbem-7147	135	4	the	the	DET
fbem-7147	135	5	research	research	NOUN
fbem-7147	135	6	topic	topic	NOUN
fbem-7147	135	7	of	of	ADP
fbem-7147	135	8	this	this	DET
fbem-7147	135	9	article	article	NOUN
fbem-7147	135	10	,	,	PUNCT
fbem-7147	135	11	i	i	PRON
fbem-7147	135	12	have	have	AUX
fbem-7147	135	13	collected	collect	VERB
fbem-7147	135	14	a	a	DET
fbem-7147	135	15	large	large	ADJ
fbem-7147	135	16	number	number	NOUN
fbem-7147	135	17	of	of	ADP
fbem-7147	135	18	literature	literature	NOUN
fbem-7147	135	19	and	and	CCONJ
fbem-7147	135	20	related	related	ADJ
fbem-7147	135	21	theories	theory	NOUN
fbem-7147	135	22	,	,	PUNCT
fbem-7147	135	23	and	and	CCONJ
fbem-7147	135	24	strive	strive	VERB
fbem-7147	135	25	to	to	PART
fbem-7147	135	26	understand	understand	VERB
fbem-7147	135	27	the	the	DET
fbem-7147	135	28	relevant	relevant	ADJ
fbem-7147	135	29	theoretical	theoretical	ADJ
fbem-7147	135	30	knowledge	knowledge	NOUN
fbem-7147	135	31	comprehensively	comprehensively	ADV
fbem-7147	135	32	and	and	CCONJ
fbem-7147	135	33	systematically	systematically	ADV
fbem-7147	135	34	through	through	ADP
fbem-7147	135	35	reading	reading	NOUN
fbem-7147	135	36	,	,	PUNCT
fbem-7147	135	37	induction	induction	NOUN
fbem-7147	135	38	,	,	PUNCT
fbem-7147	135	39	analysis	analysis	NOUN
fbem-7147	135	40	,	,	PUNCT
fbem-7147	135	41	summary	summary	NOUN
fbem-7147	135	42	and	and	CCONJ
fbem-7147	135	43	other	other	ADJ
fbem-7147	135	44	systematic	systematic	ADJ
fbem-7147	135	45	processes	process	NOUN
fbem-7147	135	46	,	,	PUNCT
fbem-7147	135	47	so	so	SCONJ
fbem-7147	135	48	as	as	SCONJ
fbem-7147	135	49	to	to	PART
fbem-7147	135	50	lay	lay	VERB
fbem-7147	135	51	a	a	DET
fbem-7147	135	52	solid	solid	ADJ
fbem-7147	135	53	theoretical	theoretical	ADJ
fbem-7147	135	54	foundation	foundation	NOUN
fbem-7147	135	55	for	for	ADP
fbem-7147	135	56	the	the	DET
fbem-7147	135	57	study	study	NOUN
fbem-7147	135	58	of	of	ADP
fbem-7147	135	59	this	this	DET
fbem-7147	135	60	article	article	NOUN
fbem-7147	135	61	.	.	PUNCT
fbem-7147	136	1	2	2	X
fbem-7147	136	2	.	.	X
fbem-7147	136	3	comparative	comparative	ADJ
fbem-7147	136	4	analysis	analysis	NOUN
fbem-7147	136	5	.	.	PUNCT
fbem-7147	137	1	through	through	ADP
fbem-7147	137	2	the	the	DET
fbem-7147	137	3	comparative	comparative	ADJ
fbem-7147	137	4	analysis	analysis	NOUN
fbem-7147	137	5	of	of	ADP
fbem-7147	137	6	different	different	ADJ
fbem-7147	137	7	expert	expert	NOUN
fbem-7147	137	8	theories	theory	NOUN
fbem-7147	137	9	,	,	PUNCT
fbem-7147	137	10	corporate	corporate	ADJ
fbem-7147	137	11	governance	governance	NOUN
fbem-7147	137	12	theories	theory	NOUN
fbem-7147	137	13	and	and	CCONJ
fbem-7147	137	14	corporate	corporate	ADJ
fbem-7147	137	15	governance	governance	NOUN
fbem-7147	137	16	models	model	NOUN
fbem-7147	137	17	,	,	PUNCT
fbem-7147	137	18	this	this	DET
fbem-7147	137	19	paper	paper	NOUN
fbem-7147	137	20	summarizes	summarize	VERB
fbem-7147	137	21	the	the	DET
fbem-7147	137	22	characteristics	characteristic	NOUN
fbem-7147	137	23	of	of	ADP
fbem-7147	137	24	each	each	DET
fbem-7147	137	25	theory	theory	NOUN
fbem-7147	137	26	,	,	PUNCT
fbem-7147	137	27	theory	theory	NOUN
fbem-7147	137	28	and	and	CCONJ
fbem-7147	137	29	model	model	NOUN
fbem-7147	137	30	,	,	PUNCT
fbem-7147	137	31	and	and	CCONJ
fbem-7147	137	32	makes	make	VERB
fbem-7147	137	33	dialectical	dialectical	ADJ
fbem-7147	137	34	analysis	analysis	NOUN
fbem-7147	137	35	to	to	PART
fbem-7147	137	36	learn	learn	VERB
fbem-7147	137	37	from	from	ADP
fbem-7147	137	38	each	each	DET
fbem-7147	137	39	other	other	ADJ
fbem-7147	137	40	,	,	PUNCT
fbem-7147	137	41	so	so	SCONJ
fbem-7147	137	42	as	as	SCONJ
fbem-7147	137	43	to	to	PART
fbem-7147	137	44	provide	provide	VERB
fbem-7147	137	45	reference	reference	NOUN
fbem-7147	137	46	for	for	ADP
fbem-7147	137	47	the	the	DET
fbem-7147	137	48	study	study	NOUN
fbem-7147	137	49	of	of	ADP
fbem-7147	137	50	this	this	DET
fbem-7147	137	51	paper	paper	NOUN
fbem-7147	137	52	and	and	CCONJ
fbem-7147	137	53	avoid	avoid	VERB
fbem-7147	137	54	falling	fall	VERB
fbem-7147	137	55	into	into	ADP
fbem-7147	137	56	limited	limited	ADJ
fbem-7147	137	57	understanding	understanding	NOUN
fbem-7147	137	58	..	..	PUNCT
fbem-7147	137	59	190	190	NUM
fbem-7147	137	60	4	4	NUM
fbem-7147	137	61	.	.	X
fbem-7147	137	62	finding	finding	NOUN
fbem-7147	137	63	and	and	CCONJ
fbem-7147	137	64	conclusion	conclusion	NOUN
fbem-7147	137	65	4.1	4.1	NUM
fbem-7147	137	66	.	.	PUNCT
fbem-7147	138	1	improve	improve	VERB
fbem-7147	138	2	the	the	DET
fbem-7147	138	3	main	main	ADJ
fbem-7147	138	4	business	business	NOUN
fbem-7147	138	5	income	income	NOUN
fbem-7147	138	6	and	and	CCONJ
fbem-7147	138	7	profit	profit	NOUN
fbem-7147	138	8	level	level	NOUN
fbem-7147	138	9	on	on	ADP
fbem-7147	138	10	the	the	DET
fbem-7147	138	11	basis	basis	NOUN
fbem-7147	138	12	of	of	ADP
fbem-7147	138	13	the	the	DET
fbem-7147	138	14	original	original	ADJ
fbem-7147	138	15	business	business	NOUN
fbem-7147	138	16	capabilities	capability	NOUN
fbem-7147	138	17	,	,	PUNCT
fbem-7147	138	18	china	china	PROPN
fbem-7147	138	19	unicom	unicom	PROPN
fbem-7147	138	20	vigorously	vigorously	ADV
fbem-7147	138	21	promotes	promote	VERB
fbem-7147	138	22	the	the	DET
fbem-7147	138	23	transformation	transformation	NOUN
fbem-7147	138	24	of	of	ADP
fbem-7147	138	25	mobile	mobile	ADJ
fbem-7147	138	26	business	business	PROPN
fbem-7147	138	27	development	development	NOUN
fbem-7147	138	28	model	model	NOUN
fbem-7147	138	29	,	,	PUNCT
fbem-7147	138	30	actively	actively	ADV
fbem-7147	138	31	promotes	promote	VERB
fbem-7147	138	32	the	the	DET
fbem-7147	138	33	development	development	NOUN
fbem-7147	138	34	of	of	ADP
fbem-7147	138	35	innovative	innovative	ADJ
fbem-7147	138	36	business	business	NOUN
fbem-7147	138	37	scale	scale	NOUN
fbem-7147	138	38	,	,	PUNCT
fbem-7147	138	39	and	and	CCONJ
fbem-7147	138	40	vigorously	vigorously	ADV
fbem-7147	138	41	develops	develop	VERB
fbem-7147	138	42	innovative	innovative	ADJ
fbem-7147	138	43	business	business	NOUN
fbem-7147	138	44	.	.	PUNCT
fbem-7147	139	1	from	from	ADP
fbem-7147	139	2	2016	2016	NUM
fbem-7147	139	3	to	to	ADP
fbem-7147	139	4	2020	2020	NUM
fbem-7147	139	5	,	,	PUNCT
fbem-7147	139	6	china	china	PROPN
fbem-7147	139	7	unicom	unicom	PROPN
fbem-7147	139	8	's	's	PART
fbem-7147	139	9	revenue	revenue	NOUN
fbem-7147	139	10	in	in	ADP
fbem-7147	139	11	the	the	DET
fbem-7147	139	12	field	field	NOUN
fbem-7147	139	13	of	of	ADP
fbem-7147	139	14	mobile	mobile	ADJ
fbem-7147	139	15	business	business	NOUN
fbem-7147	139	16	innovation	innovation	NOUN
fbem-7147	139	17	has	have	AUX
fbem-7147	139	18	been	be	AUX
fbem-7147	139	19	increasing	increase	VERB
fbem-7147	139	20	,	,	PUNCT
fbem-7147	139	21	and	and	CCONJ
fbem-7147	139	22	its	its	PRON
fbem-7147	139	23	total	total	ADJ
fbem-7147	139	24	main	main	ADJ
fbem-7147	139	25	business	business	NOUN
fbem-7147	139	26	revenue	revenue	NOUN
fbem-7147	139	27	has	have	AUX
fbem-7147	139	28	also	also	ADV
fbem-7147	139	29	increased	increase	VERB
fbem-7147	139	30	from	from	ADP
fbem-7147	139	31	274.2	274.2	NUM
fbem-7147	139	32	billion	billion	NUM
fbem-7147	139	33	yuan	yuan	NOUN
fbem-7147	139	34	in	in	ADP
fbem-7147	139	35	2016	2016	NUM
fbem-7147	139	36	to	to	ADP
fbem-7147	139	37	303.838	303.838	NUM
fbem-7147	139	38	billion	billion	NUM
fbem-7147	139	39	yuan	yuan	NOUN
fbem-7147	139	40	,	,	PUNCT
fbem-7147	139	41	up	up	ADP
fbem-7147	139	42	10.81%.it	10.81%.it	PROPN
fbem-7147	139	43	can	can	AUX
fbem-7147	139	44	be	be	AUX
fbem-7147	139	45	seen	see	VERB
fbem-7147	139	46	that	that	SCONJ
fbem-7147	139	47	the	the	DET
fbem-7147	139	48	participation	participation	NOUN
fbem-7147	139	49	of	of	ADP
fbem-7147	139	50	internet	internet	NOUN
fbem-7147	139	51	strategic	strategic	ADJ
fbem-7147	139	52	investors	investor	NOUN
fbem-7147	139	53	promotes	promote	VERB
fbem-7147	139	54	and	and	CCONJ
fbem-7147	139	55	helps	help	VERB
fbem-7147	139	56	china	china	PROPN
fbem-7147	139	57	unicom	unicom	PROPN
fbem-7147	139	58	to	to	PART
fbem-7147	139	59	actively	actively	ADV
fbem-7147	139	60	transform	transform	VERB
fbem-7147	139	61	its	its	PRON
fbem-7147	139	62	business	business	NOUN
fbem-7147	139	63	structure	structure	NOUN
fbem-7147	139	64	and	and	CCONJ
fbem-7147	139	65	business	business	NOUN
fbem-7147	139	66	model	model	NOUN
fbem-7147	139	67	,	,	PUNCT
fbem-7147	139	68	explore	explore	VERB
fbem-7147	139	69	new	new	ADJ
fbem-7147	139	70	business	business	NOUN
fbem-7147	139	71	products	product	NOUN
fbem-7147	139	72	and	and	CCONJ
fbem-7147	139	73	innovative	innovative	ADJ
fbem-7147	139	74	areas	area	NOUN
fbem-7147	139	75	,	,	PUNCT
fbem-7147	139	76	develop	develop	VERB
fbem-7147	139	77	2i2c	2i2c	NUM
fbem-7147	139	78	business	business	NOUN
fbem-7147	139	79	rapidly	rapidly	ADV
fbem-7147	139	80	in	in	ADP
fbem-7147	139	81	the	the	DET
fbem-7147	139	82	field	field	NOUN
fbem-7147	139	83	of	of	ADP
fbem-7147	139	84	mobile	mobile	ADJ
fbem-7147	139	85	business	business	NOUN
fbem-7147	139	86	,	,	PUNCT
fbem-7147	139	87	focus	focus	VERB
fbem-7147	139	88	on	on	ADP
fbem-7147	139	89	improving	improve	VERB
fbem-7147	139	90	user	user	NOUN
fbem-7147	139	91	perceived	perceive	VERB
fbem-7147	139	92	value	value	NOUN
fbem-7147	139	93	and	and	CCONJ
fbem-7147	139	94	service	service	NOUN
fbem-7147	139	95	quality	quality	NOUN
fbem-7147	139	96	,	,	PUNCT
fbem-7147	139	97	and	and	CCONJ
fbem-7147	139	98	effectively	effectively	ADV
fbem-7147	139	99	promote	promote	VERB
fbem-7147	139	100	business	business	NOUN
fbem-7147	139	101	transformation	transformation	NOUN
fbem-7147	139	102	.	.	PUNCT
fbem-7147	140	1	by	by	ADP
fbem-7147	140	2	cooperating	cooperate	VERB
fbem-7147	140	3	with	with	ADP
fbem-7147	140	4	strategic	strategic	ADJ
fbem-7147	140	5	investors	investor	NOUN
fbem-7147	140	6	to	to	PART
fbem-7147	140	7	develop	develop	VERB
fbem-7147	140	8	new	new	ADJ
fbem-7147	140	9	business	business	NOUN
fbem-7147	140	10	,	,	PUNCT
fbem-7147	140	11	it	it	PRON
fbem-7147	140	12	is	be	AUX
fbem-7147	140	13	not	not	PART
fbem-7147	140	14	only	only	ADV
fbem-7147	140	15	conducive	conducive	ADJ
fbem-7147	140	16	to	to	ADP
fbem-7147	140	17	china	china	PROPN
fbem-7147	140	18	unicom	unicom	PROPN
fbem-7147	140	19	's	's	PART
fbem-7147	140	20	own	own	ADJ
fbem-7147	140	21	digital	digital	ADJ
fbem-7147	140	22	transformation	transformation	NOUN
fbem-7147	140	23	,	,	PUNCT
fbem-7147	140	24	but	but	CCONJ
fbem-7147	140	25	also	also	ADV
fbem-7147	140	26	more	more	ADV
fbem-7147	140	27	importantly	importantly	ADV
fbem-7147	140	28	,	,	PUNCT
fbem-7147	140	29	it	it	PRON
fbem-7147	140	30	is	be	AUX
fbem-7147	140	31	conducive	conducive	ADJ
fbem-7147	140	32	to	to	ADP
fbem-7147	140	33	enhancing	enhance	VERB
fbem-7147	140	34	its	its	PRON
fbem-7147	140	35	brand	brand	NOUN
fbem-7147	140	36	value	value	NOUN
fbem-7147	140	37	and	and	CCONJ
fbem-7147	140	38	accumulating	accumulate	VERB
fbem-7147	140	39	momentum	momentum	NOUN
fbem-7147	140	40	for	for	ADP
fbem-7147	140	41	sustainable	sustainable	ADJ
fbem-7147	140	42	development	development	NOUN
fbem-7147	140	43	in	in	ADP
fbem-7147	140	44	the	the	DET
fbem-7147	140	45	future	future	NOUN
fbem-7147	140	46	.	.	PUNCT
fbem-7147	141	1	it	it	PRON
fbem-7147	141	2	can	can	AUX
fbem-7147	141	3	be	be	AUX
fbem-7147	141	4	seen	see	VERB
fbem-7147	141	5	that	that	SCONJ
fbem-7147	141	6	the	the	DET
fbem-7147	141	7	introduction	introduction	NOUN
fbem-7147	141	8	of	of	ADP
fbem-7147	141	9	strategic	strategic	ADJ
fbem-7147	141	10	investors	investor	NOUN
fbem-7147	141	11	has	have	AUX
fbem-7147	141	12	accelerated	accelerate	VERB
fbem-7147	141	13	the	the	DET
fbem-7147	141	14	overall	overall	ADJ
fbem-7147	141	15	digital	digital	ADJ
fbem-7147	141	16	transformation	transformation	NOUN
fbem-7147	141	17	of	of	ADP
fbem-7147	141	18	china	china	PROPN
fbem-7147	141	19	unicom	unicom	PROPN
fbem-7147	141	20	,	,	PUNCT
fbem-7147	141	21	through	through	ADP
fbem-7147	141	22	improving	improve	VERB
fbem-7147	141	23	the	the	DET
fbem-7147	141	24	traditional	traditional	ADJ
fbem-7147	141	25	business	business	NOUN
fbem-7147	141	26	structure	structure	NOUN
fbem-7147	141	27	,	,	PUNCT
fbem-7147	141	28	enhancing	enhance	VERB
fbem-7147	141	29	its	its	PRON
fbem-7147	141	30	product	product	NOUN
fbem-7147	141	31	strength	strength	NOUN
fbem-7147	141	32	and	and	CCONJ
fbem-7147	141	33	profitability	profitability	NOUN
fbem-7147	141	34	,	,	PUNCT
fbem-7147	141	35	so	so	SCONJ
fbem-7147	141	36	as	as	SCONJ
fbem-7147	141	37	to	to	PART
fbem-7147	141	38	enhance	enhance	VERB
fbem-7147	141	39	its	its	PRON
fbem-7147	141	40	market	market	NOUN
fbem-7147	141	41	share	share	NOUN
fbem-7147	141	42	;	;	PUNCT
fbem-7147	141	43	china	china	PROPN
fbem-7147	141	44	unicom	unicom	PROPN
fbem-7147	141	45	continues	continue	VERB
fbem-7147	141	46	to	to	PART
fbem-7147	141	47	expand	expand	VERB
fbem-7147	141	48	its	its	PRON
fbem-7147	141	49	business	business	NOUN
fbem-7147	141	50	application	application	NOUN
fbem-7147	141	51	scenarios	scenario	NOUN
fbem-7147	141	52	and	and	CCONJ
fbem-7147	141	53	enhance	enhance	VERB
fbem-7147	141	54	its	its	PRON
fbem-7147	141	55	differentiated	differentiated	ADJ
fbem-7147	141	56	competitive	competitive	ADJ
fbem-7147	141	57	advantages	advantage	NOUN
fbem-7147	141	58	by	by	ADP
fbem-7147	141	59	building	build	VERB
fbem-7147	141	60	joint	joint	ADJ
fbem-7147	141	61	laboratories	laboratory	NOUN
fbem-7147	141	62	with	with	ADP
fbem-7147	141	63	the	the	DET
fbem-7147	141	64	help	help	NOUN
fbem-7147	141	65	of	of	ADP
fbem-7147	141	66	the	the	DET
fbem-7147	141	67	r	r	NOUN
fbem-7147	141	68	&	&	CCONJ
fbem-7147	141	69	d	d	NOUN
fbem-7147	141	70	advantages	advantage	NOUN
fbem-7147	141	71	of	of	ADP
fbem-7147	141	72	strategic	strategic	ADJ
fbem-7147	141	73	investors	investor	NOUN
fbem-7147	141	74	(	(	PUNCT
fbem-7147	141	75	cui	cui	NOUN
fbem-7147	141	76	,	,	PUNCT
fbem-7147	141	77	2021	2021	NUM
fbem-7147	141	78	)	)	PUNCT
fbem-7147	141	79	.	.	PUNCT
fbem-7147	142	1	4.2	4.2	NUM
fbem-7147	142	2	.	.	PUNCT
fbem-7147	142	3	reduce	reduce	VERB
fbem-7147	142	4	debt	debt	NOUN
fbem-7147	142	5	levels	level	NOUN
fbem-7147	142	6	while	while	SCONJ
fbem-7147	142	7	increasing	increase	VERB
fbem-7147	142	8	cash	cash	NOUN
fbem-7147	142	9	flow	flow	NOUN
fbem-7147	142	10	china	china	PROPN
fbem-7147	142	11	unicom	unicom	PROPN
fbem-7147	142	12	re	re	VERB
fbem-7147	142	13	-	-	VERB
fbem-7147	142	14	mobilizes	mobilize	VERB
fbem-7147	142	15	the	the	DET
fbem-7147	142	16	internal	internal	ADJ
fbem-7147	142	17	vitality	vitality	NOUN
fbem-7147	142	18	of	of	ADP
fbem-7147	142	19	the	the	DET
fbem-7147	142	20	enterprise	enterprise	NOUN
fbem-7147	142	21	by	by	ADP
fbem-7147	142	22	streamlining	streamline	VERB
fbem-7147	142	23	the	the	DET
fbem-7147	142	24	organization	organization	NOUN
fbem-7147	142	25	and	and	CCONJ
fbem-7147	142	26	decentralizing	decentralize	VERB
fbem-7147	142	27	the	the	DET
fbem-7147	142	28	autonomy	autonomy	NOUN
fbem-7147	142	29	.	.	PUNCT
fbem-7147	143	1	the	the	DET
fbem-7147	143	2	assessment	assessment	NOUN
fbem-7147	143	3	criteria	criterion	NOUN
fbem-7147	143	4	oriented	orient	VERB
fbem-7147	143	5	by	by	ADP
fbem-7147	143	6	business	business	NOUN
fbem-7147	143	7	objectives	objective	NOUN
fbem-7147	143	8	promote	promote	VERB
fbem-7147	143	9	the	the	DET
fbem-7147	143	10	efficiency	efficiency	NOUN
fbem-7147	143	11	of	of	ADP
fbem-7147	143	12	staff	staff	NOUN
fbem-7147	143	13	and	and	CCONJ
fbem-7147	143	14	management	management	NOUN
fbem-7147	143	15	.	.	PUNCT
fbem-7147	144	1	more	more	ADV
fbem-7147	144	2	importantly	importantly	ADV
fbem-7147	144	3	,	,	PUNCT
fbem-7147	144	4	by	by	ADP
fbem-7147	144	5	introducing	introduce	VERB
fbem-7147	144	6	strategic	strategic	ADJ
fbem-7147	144	7	investors	investor	NOUN
fbem-7147	144	8	,	,	PUNCT
fbem-7147	144	9	china	china	PROPN
fbem-7147	144	10	unicom	unicom	PROPN
fbem-7147	144	11	can	can	AUX
fbem-7147	144	12	play	play	VERB
fbem-7147	144	13	a	a	DET
fbem-7147	144	14	more	more	ADV
fbem-7147	144	15	effective	effective	ADJ
fbem-7147	144	16	role	role	NOUN
fbem-7147	144	17	in	in	ADP
fbem-7147	144	18	the	the	DET
fbem-7147	144	19	board	board	NOUN
fbem-7147	144	20	of	of	ADP
fbem-7147	144	21	directors	director	NOUN
fbem-7147	144	22	,	,	PUNCT
fbem-7147	144	23	prevent	prevent	VERB
fbem-7147	144	24	decision	decision	NOUN
fbem-7147	144	25	-	-	PUNCT
fbem-7147	144	26	making	make	VERB
fbem-7147	144	27	errors	error	NOUN
fbem-7147	144	28	and	and	CCONJ
fbem-7147	144	29	enhance	enhance	VERB
fbem-7147	144	30	market	market	NOUN
fbem-7147	144	31	judgment	judgment	NOUN
fbem-7147	144	32	.	.	PUNCT
fbem-7147	145	1	after	after	ADP
fbem-7147	145	2	the	the	DET
fbem-7147	145	3	reform	reform	NOUN
fbem-7147	145	4	of	of	ADP
fbem-7147	145	5	mixed	mixed	ADJ
fbem-7147	145	6	ownership	ownership	NOUN
fbem-7147	145	7	,	,	PUNCT
fbem-7147	145	8	the	the	DET
fbem-7147	145	9	main	main	ADJ
fbem-7147	145	10	business	business	NOUN
fbem-7147	145	11	income	income	NOUN
fbem-7147	145	12	level	level	NOUN
fbem-7147	145	13	of	of	ADP
fbem-7147	145	14	china	china	PROPN
fbem-7147	145	15	unicom	unicom	PROPN
fbem-7147	145	16	has	have	AUX
fbem-7147	145	17	gradually	gradually	ADV
fbem-7147	145	18	rebounded	rebound	VERB
fbem-7147	145	19	,	,	PUNCT
fbem-7147	145	20	and	and	CCONJ
fbem-7147	145	21	the	the	DET
fbem-7147	145	22	cash	cash	NOUN
fbem-7147	145	23	flow	flow	NOUN
fbem-7147	145	24	of	of	ADP
fbem-7147	145	25	business	business	NOUN
fbem-7147	145	26	activities	activity	NOUN
fbem-7147	145	27	has	have	AUX
fbem-7147	145	28	also	also	ADV
fbem-7147	145	29	stopped	stop	VERB
fbem-7147	145	30	falling	fall	VERB
fbem-7147	145	31	and	and	CCONJ
fbem-7147	145	32	rebounded	rebound	VERB
fbem-7147	145	33	.	.	PUNCT
fbem-7147	146	1	with	with	ADP
fbem-7147	146	2	the	the	DET
fbem-7147	146	3	improvement	improvement	NOUN
fbem-7147	146	4	of	of	ADP
fbem-7147	146	5	overall	overall	ADJ
fbem-7147	146	6	operating	operating	NOUN
fbem-7147	146	7	efficiency	efficiency	NOUN
fbem-7147	146	8	,	,	PUNCT
fbem-7147	146	9	the	the	DET
fbem-7147	146	10	cash	cash	NOUN
fbem-7147	146	11	flow	flow	NOUN
fbem-7147	146	12	from	from	ADP
fbem-7147	146	13	operating	operate	VERB
fbem-7147	146	14	activities	activity	NOUN
fbem-7147	146	15	is	be	AUX
fbem-7147	146	16	sufficient	sufficient	ADJ
fbem-7147	146	17	to	to	PART
fbem-7147	146	18	cover	cover	VERB
fbem-7147	146	19	capital	capital	NOUN
fbem-7147	146	20	expenditure	expenditure	NOUN
fbem-7147	146	21	,	,	PUNCT
fbem-7147	146	22	and	and	CCONJ
fbem-7147	146	23	the	the	DET
fbem-7147	146	24	cash	cash	NOUN
fbem-7147	146	25	flow	flow	NOUN
fbem-7147	146	26	is	be	AUX
fbem-7147	146	27	sufficient	sufficient	ADJ
fbem-7147	146	28	.	.	PUNCT
fbem-7147	147	1	the	the	DET
fbem-7147	147	2	free	free	ADJ
fbem-7147	147	3	cash	cash	NOUN
fbem-7147	147	4	flow	flow	NOUN
fbem-7147	147	5	increased	increase	VERB
fbem-7147	147	6	from	from	ADP
fbem-7147	147	7	7.42	7.42	NUM
fbem-7147	147	8	billion	billion	NUM
fbem-7147	147	9	yuan	yuan	NOUN
fbem-7147	147	10	in	in	ADP
fbem-7147	147	11	2016	2016	NUM
fbem-7147	147	12	to	to	ADP
fbem-7147	147	13	49.21	49.21	NUM
fbem-7147	147	14	billion	billion	NUM
fbem-7147	147	15	yuan	yuan	NOUN
fbem-7147	147	16	in	in	ADP
fbem-7147	147	17	2017	2017	NUM
fbem-7147	147	18	,	,	PUNCT
fbem-7147	147	19	and	and	CCONJ
fbem-7147	147	20	remained	remain	VERB
fbem-7147	147	21	at	at	ADP
fbem-7147	147	22	the	the	DET
fbem-7147	147	23	level	level	NOUN
fbem-7147	147	24	of	of	ADP
fbem-7147	147	25	39.68	39.68	NUM
fbem-7147	147	26	-	-	SYM
fbem-7147	147	27	49.96	49.96	NUM
fbem-7147	147	28	billion	billion	NUM
fbem-7147	147	29	yuan	yuan	NOUN
fbem-7147	147	30	from	from	ADP
fbem-7147	147	31	2018	2018	NUM
fbem-7147	147	32	to	to	ADP
fbem-7147	147	33	2020.fourteen	2020.fourteen	NUM
fbem-7147	147	34	strategic	strategic	ADJ
fbem-7147	147	35	investors	investor	NOUN
fbem-7147	147	36	with	with	ADP
fbem-7147	147	37	leading	lead	VERB
fbem-7147	147	38	positions	position	NOUN
fbem-7147	147	39	in	in	ADP
fbem-7147	147	40	the	the	DET
fbem-7147	147	41	industry	industry	NOUN
fbem-7147	147	42	invested	invest	VERB
fbem-7147	147	43	about	about	ADV
fbem-7147	147	44	75	75	NUM
fbem-7147	147	45	billion	billion	NUM
fbem-7147	147	46	yuan	yuan	NOUN
fbem-7147	147	47	in	in	ADP
fbem-7147	147	48	china	china	PROPN
fbem-7147	147	49	unicom	unicom	PROPN
fbem-7147	147	50	,	,	PUNCT
fbem-7147	147	51	and	and	CCONJ
fbem-7147	147	52	the	the	DET
fbem-7147	147	53	asset	asset	NOUN
fbem-7147	147	54	-	-	PUNCT
fbem-7147	147	55	liability	liability	NOUN
fbem-7147	147	56	ratio	ratio	NOUN
fbem-7147	147	57	of	of	ADP
fbem-7147	147	58	china	china	PROPN
fbem-7147	147	59	unicom	unicom	PROPN
fbem-7147	147	60	dropped	drop	VERB
fbem-7147	147	61	to	to	ADP
fbem-7147	147	62	46.48	46.48	NUM
fbem-7147	147	63	%	%	NOUN
fbem-7147	147	64	in	in	ADP
fbem-7147	147	65	2017	2017	NUM
fbem-7147	147	66	and	and	CCONJ
fbem-7147	147	67	remained	remain	VERB
fbem-7147	147	68	around	around	ADV
fbem-7147	147	69	40	40	NUM
fbem-7147	147	70	%	%	NOUN
fbem-7147	147	71	in	in	ADP
fbem-7147	147	72	the	the	DET
fbem-7147	147	73	next	next	ADJ
fbem-7147	147	74	three	three	NUM
fbem-7147	147	75	years	year	NOUN
fbem-7147	147	76	.	.	PUNCT
fbem-7147	148	1	all	all	DET
fbem-7147	148	2	the	the	DET
fbem-7147	148	3	funds	fund	NOUN
fbem-7147	148	4	raised	raise	VERB
fbem-7147	148	5	will	will	AUX
fbem-7147	148	6	be	be	AUX
fbem-7147	148	7	invested	invest	VERB
fbem-7147	148	8	in	in	ADP
fbem-7147	148	9	network	network	NOUN
fbem-7147	148	10	construction	construction	NOUN
fbem-7147	148	11	and	and	CCONJ
fbem-7147	148	12	production	production	NOUN
fbem-7147	148	13	and	and	CCONJ
fbem-7147	148	14	operation	operation	NOUN
fbem-7147	148	15	,	,	PUNCT
fbem-7147	148	16	alleviating	alleviate	VERB
fbem-7147	148	17	the	the	DET
fbem-7147	148	18	large	large	ADJ
fbem-7147	148	19	amount	amount	NOUN
fbem-7147	148	20	of	of	ADP
fbem-7147	148	21	funds	fund	NOUN
fbem-7147	148	22	needed	need	VERB
fbem-7147	148	23	for	for	ADP
fbem-7147	148	24	research	research	NOUN
fbem-7147	148	25	and	and	CCONJ
fbem-7147	148	26	development	development	NOUN
fbem-7147	148	27	of	of	ADP
fbem-7147	148	28	new	new	ADJ
fbem-7147	148	29	technologies	technology	NOUN
fbem-7147	148	30	and	and	CCONJ
fbem-7147	148	31	new	new	ADJ
fbem-7147	148	32	businesses	business	NOUN
fbem-7147	148	33	,	,	PUNCT
fbem-7147	148	34	so	so	SCONJ
fbem-7147	148	35	that	that	SCONJ
fbem-7147	148	36	it	it	PRON
fbem-7147	148	37	can	can	AUX
fbem-7147	148	38	further	far	ADV
fbem-7147	148	39	enhance	enhance	VERB
fbem-7147	148	40	the	the	DET
fbem-7147	148	41	level	level	NOUN
fbem-7147	148	42	of	of	ADP
fbem-7147	148	43	4	4	NUM
fbem-7147	148	44	g	g	NOUN
fbem-7147	148	45	,	,	PUNCT
fbem-7147	148	46	and	and	CCONJ
fbem-7147	148	47	lay	lie	VERB
fbem-7147	148	48	out	out	ADP
fbem-7147	148	49	5	5	NUM
fbem-7147	148	50	g	g	NOUN
fbem-7147	148	51	technology	technology	NOUN
fbem-7147	148	52	and	and	CCONJ
fbem-7147	148	53	innovative	innovative	ADJ
fbem-7147	148	54	business	business	NOUN
fbem-7147	148	55	construction	construction	NOUN
fbem-7147	148	56	projects	project	NOUN
fbem-7147	148	57	.	.	PUNCT
fbem-7147	149	1	the	the	DET
fbem-7147	149	2	introduction	introduction	NOUN
fbem-7147	149	3	of	of	ADP
fbem-7147	149	4	new	new	ADJ
fbem-7147	149	5	business	business	NOUN
fbem-7147	149	6	has	have	AUX
fbem-7147	149	7	also	also	ADV
fbem-7147	149	8	improved	improve	VERB
fbem-7147	149	9	the	the	DET
fbem-7147	149	10	operating	operating	NOUN
fbem-7147	149	11	results	result	NOUN
fbem-7147	149	12	of	of	ADP
fbem-7147	149	13	china	china	PROPN
fbem-7147	149	14	unicom	unicom	PROPN
fbem-7147	149	15	in	in	ADP
fbem-7147	149	16	2017	2017	NUM
fbem-7147	149	17	,	,	PUNCT
fbem-7147	149	18	and	and	CCONJ
fbem-7147	149	19	the	the	DET
fbem-7147	149	20	increase	increase	NOUN
fbem-7147	149	21	in	in	ADP
fbem-7147	149	22	net	net	ADJ
fbem-7147	149	23	cash	cash	NOUN
fbem-7147	149	24	flow	flow	NOUN
fbem-7147	149	25	generated	generate	VERB
fbem-7147	149	26	by	by	ADP
fbem-7147	149	27	operating	operate	VERB
fbem-7147	149	28	activities	activity	NOUN
fbem-7147	149	29	has	have	AUX
fbem-7147	149	30	enabled	enable	VERB
fbem-7147	149	31	china	china	PROPN
fbem-7147	149	32	unicom	unicom	PROPN
fbem-7147	149	33	to	to	PART
fbem-7147	149	34	have	have	VERB
fbem-7147	149	35	more	more	ADV
fbem-7147	149	36	free	free	ADJ
fbem-7147	149	37	cash	cash	NOUN
fbem-7147	149	38	flow	flow	NOUN
fbem-7147	149	39	,	,	PUNCT
fbem-7147	149	40	thus	thus	ADV
fbem-7147	149	41	reducing	reduce	VERB
fbem-7147	149	42	its	its	PRON
fbem-7147	149	43	borrowing	borrowing	NOUN
fbem-7147	149	44	amount	amount	NOUN
fbem-7147	149	45	.	.	PUNCT
fbem-7147	150	1	among	among	ADP
fbem-7147	150	2	them	they	PRON
fbem-7147	150	3	,	,	PUNCT
fbem-7147	150	4	china	china	PROPN
fbem-7147	150	5	unicom	unicom	PROPN
fbem-7147	150	6	's	's	PART
fbem-7147	150	7	main	main	ADJ
fbem-7147	150	8	sources	source	NOUN
fbem-7147	150	9	of	of	ADP
fbem-7147	150	10	debt	debt	NOUN
fbem-7147	150	11	financing	financing	NOUN
fbem-7147	150	12	are	be	AUX
fbem-7147	150	13	short	short	ADJ
fbem-7147	150	14	-	-	PUNCT
fbem-7147	150	15	term	term	NOUN
fbem-7147	150	16	loans	loan	NOUN
fbem-7147	150	17	,	,	PUNCT
fbem-7147	150	18	long	long	ADJ
fbem-7147	150	19	-	-	PUNCT
fbem-7147	150	20	term	term	NOUN
fbem-7147	150	21	loans	loan	NOUN
fbem-7147	150	22	and	and	CCONJ
fbem-7147	150	23	bonds	bond	NOUN
fbem-7147	150	24	payable	payable	ADJ
fbem-7147	150	25	.	.	PUNCT
fbem-7147	151	1	before	before	ADP
fbem-7147	151	2	the	the	DET
fbem-7147	151	3	reform	reform	NOUN
fbem-7147	151	4	of	of	ADP
fbem-7147	151	5	mixed	mixed	ADJ
fbem-7147	151	6	ownership	ownership	NOUN
fbem-7147	151	7	,	,	PUNCT
fbem-7147	151	8	china	china	PROPN
fbem-7147	151	9	unicom	unicom	PROPN
fbem-7147	151	10	's	's	PART
fbem-7147	151	11	external	external	ADJ
fbem-7147	151	12	debt	debt	NOUN
fbem-7147	151	13	financing	financing	NOUN
fbem-7147	151	14	sources	source	NOUN
fbem-7147	151	15	are	be	AUX
fbem-7147	151	16	mainly	mainly	ADV
fbem-7147	151	17	short	short	ADJ
fbem-7147	151	18	-	-	PUNCT
fbem-7147	151	19	term	term	NOUN
fbem-7147	151	20	loans	loan	NOUN
fbem-7147	151	21	.	.	PUNCT
fbem-7147	152	1	although	although	SCONJ
fbem-7147	152	2	the	the	DET
fbem-7147	152	3	cost	cost	NOUN
fbem-7147	152	4	of	of	ADP
fbem-7147	152	5	capital	capital	NOUN
fbem-7147	152	6	is	be	AUX
fbem-7147	152	7	low	low	ADJ
fbem-7147	152	8	,	,	PUNCT
fbem-7147	152	9	it	it	PRON
fbem-7147	152	10	faces	face	VERB
fbem-7147	152	11	greater	great	ADJ
fbem-7147	152	12	financial	financial	ADJ
fbem-7147	152	13	risks	risk	NOUN
fbem-7147	152	14	.	.	PUNCT
fbem-7147	153	1	after	after	ADP
fbem-7147	153	2	the	the	DET
fbem-7147	153	3	reform	reform	NOUN
fbem-7147	153	4	of	of	ADP
fbem-7147	153	5	mixed	mixed	ADJ
fbem-7147	153	6	ownership	ownership	NOUN
fbem-7147	153	7	,	,	PUNCT
fbem-7147	153	8	not	not	PART
fbem-7147	153	9	only	only	ADV
fbem-7147	153	10	the	the	DET
fbem-7147	153	11	overall	overall	ADJ
fbem-7147	153	12	debt	debt	NOUN
fbem-7147	153	13	financing	financing	NOUN
fbem-7147	153	14	level	level	NOUN
fbem-7147	153	15	of	of	ADP
fbem-7147	153	16	china	china	PROPN
fbem-7147	153	17	unicom	unicom	PROPN
fbem-7147	153	18	has	have	AUX
fbem-7147	153	19	declined	decline	VERB
fbem-7147	153	20	,	,	PUNCT
fbem-7147	153	21	but	but	CCONJ
fbem-7147	153	22	also	also	ADV
fbem-7147	153	23	its	its	PRON
fbem-7147	153	24	debt	debt	NOUN
fbem-7147	153	25	financing	financing	NOUN
fbem-7147	153	26	structure	structure	NOUN
fbem-7147	153	27	has	have	AUX
fbem-7147	153	28	undergone	undergo	VERB
fbem-7147	153	29	tremendous	tremendous	ADJ
fbem-7147	153	30	changes	change	NOUN
fbem-7147	153	31	,	,	PUNCT
fbem-7147	153	32	and	and	CCONJ
fbem-7147	153	33	the	the	DET
fbem-7147	153	34	proportion	proportion	NOUN
fbem-7147	153	35	of	of	ADP
fbem-7147	153	36	short	short	ADJ
fbem-7147	153	37	-	-	PUNCT
fbem-7147	153	38	term	term	NOUN
fbem-7147	153	39	borrowing	borrowing	NOUN
fbem-7147	153	40	financing	financing	NOUN
fbem-7147	153	41	has	have	AUX
fbem-7147	153	42	declined	decline	VERB
fbem-7147	153	43	dramatically	dramatically	ADV
fbem-7147	153	44	,	,	PUNCT
fbem-7147	153	45	which	which	PRON
fbem-7147	153	46	shows	show	VERB
fbem-7147	153	47	that	that	SCONJ
fbem-7147	153	48	with	with	ADP
fbem-7147	153	49	the	the	DET
fbem-7147	153	50	improvement	improvement	NOUN
fbem-7147	153	51	of	of	ADP
fbem-7147	153	52	operating	operate	VERB
fbem-7147	153	53	efficiency	efficiency	NOUN
fbem-7147	153	54	,	,	PUNCT
fbem-7147	153	55	enterprises	enterprise	NOUN
fbem-7147	153	56	gradually	gradually	ADV
fbem-7147	153	57	replace	replace	VERB
fbem-7147	153	58	short	short	ADJ
fbem-7147	153	59	-	-	PUNCT
fbem-7147	153	60	term	term	NOUN
fbem-7147	153	61	borrowing	borrowing	NOUN
fbem-7147	153	62	through	through	ADP
fbem-7147	153	63	cash	cash	NOUN
fbem-7147	153	64	flow	flow	NOUN
fbem-7147	153	65	generated	generate	VERB
fbem-7147	153	66	by	by	ADP
fbem-7147	153	67	operation	operation	NOUN
fbem-7147	153	68	.	.	PUNCT
fbem-7147	154	1	it	it	PRON
fbem-7147	154	2	reduces	reduce	VERB
fbem-7147	154	3	the	the	DET
fbem-7147	154	4	default	default	NOUN
fbem-7147	154	5	risk	risk	NOUN
fbem-7147	154	6	faced	face	VERB
fbem-7147	154	7	by	by	ADP
fbem-7147	154	8	the	the	DET
fbem-7147	154	9	enterprise	enterprise	NOUN
fbem-7147	154	10	as	as	ADP
fbem-7147	154	11	a	a	DET
fbem-7147	154	12	whole	whole	NOUN
fbem-7147	154	13	and	and	CCONJ
fbem-7147	154	14	enhances	enhance	VERB
fbem-7147	154	15	the	the	DET
fbem-7147	154	16	ability	ability	NOUN
fbem-7147	154	17	to	to	PART
fbem-7147	154	18	resist	resist	VERB
fbem-7147	154	19	risks	risk	NOUN
fbem-7147	154	20	(	(	PUNCT
fbem-7147	154	21	cui	cui	NOUN
fbem-7147	154	22	,	,	PUNCT
fbem-7147	154	23	2021	2021	NUM
fbem-7147	154	24	)	)	PUNCT
fbem-7147	154	25	.	.	PUNCT
fbem-7147	155	1	5	5	X
fbem-7147	155	2	.	.	X
fbem-7147	155	3	recommendation	recommendation	NOUN
fbem-7147	155	4	to	to	PART
fbem-7147	155	5	sum	sum	VERB
fbem-7147	155	6	up	up	ADP
fbem-7147	155	7	,	,	PUNCT
fbem-7147	155	8	this	this	DET
fbem-7147	155	9	paper	paper	NOUN
fbem-7147	155	10	puts	put	VERB
fbem-7147	155	11	forward	forward	ADV
fbem-7147	155	12	the	the	DET
fbem-7147	155	13	following	follow	VERB
fbem-7147	155	14	suggestions	suggestion	NOUN
fbem-7147	155	15	for	for	ADP
fbem-7147	155	16	the	the	DET
fbem-7147	155	17	follow	follow	VERB
fbem-7147	155	18	-	-	PUNCT
fbem-7147	155	19	up	up	ADP
fbem-7147	155	20	development	development	NOUN
fbem-7147	155	21	of	of	ADP
fbem-7147	155	22	china	china	PROPN
fbem-7147	155	23	unicom	unicom	PROPN
fbem-7147	155	24	:	:	PUNCT
fbem-7147	155	25	first	first	ADV
fbem-7147	155	26	of	of	ADP
fbem-7147	155	27	all	all	PRON
fbem-7147	155	28	,	,	PUNCT
fbem-7147	155	29	china	china	PROPN
fbem-7147	155	30	unicom	unicom	PROPN
fbem-7147	155	31	should	should	AUX
fbem-7147	155	32	further	far	ADV
fbem-7147	155	33	clarify	clarify	VERB
fbem-7147	155	34	the	the	DET
fbem-7147	155	35	company	company	NOUN
fbem-7147	155	36	's	's	PART
fbem-7147	155	37	industrial	industrial	ADJ
fbem-7147	155	38	development	development	NOUN
fbem-7147	155	39	plan	plan	NOUN
fbem-7147	155	40	,	,	PUNCT
fbem-7147	155	41	seize	seize	VERB
fbem-7147	155	42	the	the	DET
fbem-7147	155	43	advantages	advantage	NOUN
fbem-7147	155	44	of	of	ADP
fbem-7147	155	45	5	5	NUM
fbem-7147	155	46	g	g	NOUN
fbem-7147	155	47	technology	technology	NOUN
fbem-7147	155	48	to	to	PART
fbem-7147	155	49	expand	expand	VERB
fbem-7147	155	50	high	high	ADJ
fbem-7147	155	51	-	-	PUNCT
fbem-7147	155	52	end	end	NOUN
fbem-7147	155	53	mobile	mobile	ADJ
fbem-7147	155	54	business	business	NOUN
fbem-7147	155	55	,	,	PUNCT
fbem-7147	155	56	consolidate	consolidate	VERB
fbem-7147	155	57	the	the	DET
fbem-7147	155	58	strategic	strategic	ADJ
fbem-7147	155	59	position	position	NOUN
fbem-7147	155	60	of	of	ADP
fbem-7147	155	61	innovative	innovative	ADJ
fbem-7147	155	62	business	business	NOUN
fbem-7147	155	63	,	,	PUNCT
fbem-7147	155	64	enhance	enhance	VERB
fbem-7147	155	65	the	the	DET
fbem-7147	155	66	ability	ability	NOUN
fbem-7147	155	67	of	of	ADP
fbem-7147	155	68	comprehensive	comprehensive	ADJ
fbem-7147	155	69	solutions	solution	NOUN
fbem-7147	155	70	and	and	CCONJ
fbem-7147	155	71	service	service	NOUN
fbem-7147	155	72	level	level	NOUN
fbem-7147	155	73	,	,	PUNCT
fbem-7147	155	74	and	and	CCONJ
fbem-7147	155	75	accelerate	accelerate	VERB
fbem-7147	155	76	the	the	DET
fbem-7147	155	77	completion	completion	NOUN
fbem-7147	155	78	of	of	ADP
fbem-7147	155	79	industry	industry	NOUN
fbem-7147	155	80	transformation	transformation	NOUN
fbem-7147	155	81	layout	layout	NOUN
fbem-7147	155	82	.	.	PUNCT
fbem-7147	156	1	secondly	secondly	ADV
fbem-7147	156	2	,	,	PUNCT
fbem-7147	156	3	china	china	PROPN
fbem-7147	156	4	unicom	unicom	PROPN
fbem-7147	156	5	's	's	PART
fbem-7147	156	6	introduction	introduction	NOUN
fbem-7147	156	7	of	of	ADP
fbem-7147	156	8	institutional	institutional	ADJ
fbem-7147	156	9	investors	investor	NOUN
fbem-7147	156	10	and	and	CCONJ
fbem-7147	156	11	strategic	strategic	ADJ
fbem-7147	156	12	investors	investor	NOUN
fbem-7147	156	13	in	in	ADP
fbem-7147	156	14	the	the	DET
fbem-7147	156	15	internet	internet	NOUN
fbem-7147	156	16	industry	industry	NOUN
fbem-7147	156	17	has	have	AUX
fbem-7147	156	18	solved	solve	VERB
fbem-7147	156	19	the	the	DET
fbem-7147	156	20	risk	risk	NOUN
fbem-7147	156	21	of	of	ADP
fbem-7147	156	22	capital	capital	NOUN
fbem-7147	156	23	shortage	shortage	NOUN
fbem-7147	156	24	.	.	PUNCT
fbem-7147	157	1	in	in	ADP
fbem-7147	157	2	the	the	DET
fbem-7147	157	3	future	future	NOUN
fbem-7147	157	4	,	,	PUNCT
fbem-7147	157	5	china	china	PROPN
fbem-7147	157	6	unicom	unicom	PROPN
fbem-7147	157	7	should	should	AUX
fbem-7147	157	8	increase	increase	VERB
fbem-7147	157	9	its	its	PRON
fbem-7147	157	10	business	business	NOUN
fbem-7147	157	11	coordination	coordination	NOUN
fbem-7147	157	12	with	with	ADP
fbem-7147	157	13	strategic	strategic	ADJ
fbem-7147	157	14	investors	investor	NOUN
fbem-7147	157	15	and	and	CCONJ
fbem-7147	157	16	improve	improve	VERB
fbem-7147	157	17	its	its	PRON
fbem-7147	157	18	operating	operating	NOUN
fbem-7147	157	19	level	level	NOUN
fbem-7147	157	20	.	.	PUNCT
fbem-7147	158	1	in	in	ADP
fbem-7147	158	2	the	the	DET
fbem-7147	158	3	future	future	NOUN
fbem-7147	158	4	,	,	PUNCT
fbem-7147	158	5	china	china	PROPN
fbem-7147	158	6	unicom	unicom	PROPN
fbem-7147	158	7	should	should	AUX
fbem-7147	158	8	strengthen	strengthen	VERB
fbem-7147	158	9	the	the	DET
fbem-7147	158	10	exchange	exchange	NOUN
fbem-7147	158	11	of	of	ADP
fbem-7147	158	12	talents	talent	NOUN
fbem-7147	158	13	and	and	CCONJ
fbem-7147	158	14	technology	technology	NOUN
fbem-7147	158	15	with	with	ADP
fbem-7147	158	16	strategic	strategic	ADJ
fbem-7147	158	17	investors	investor	NOUN
fbem-7147	158	18	and	and	CCONJ
fbem-7147	158	19	make	make	VERB
fbem-7147	158	20	full	full	ADJ
fbem-7147	158	21	use	use	NOUN
fbem-7147	158	22	of	of	ADP
fbem-7147	158	23	its	its	PRON
fbem-7147	158	24	resource	resource	NOUN
fbem-7147	158	25	advantages	advantage	NOUN
fbem-7147	158	26	.	.	PUNCT
fbem-7147	159	1	at	at	ADP
fbem-7147	159	2	the	the	DET
fbem-7147	159	3	same	same	ADJ
fbem-7147	159	4	time	time	NOUN
fbem-7147	159	5	,	,	PUNCT
fbem-7147	159	6	in	in	SCONJ
fbem-7147	159	7	order	order	NOUN
fbem-7147	159	8	to	to	PART
fbem-7147	159	9	effectively	effectively	ADV
fbem-7147	159	10	maintain	maintain	VERB
fbem-7147	159	11	the	the	DET
fbem-7147	159	12	independence	independence	NOUN
fbem-7147	159	13	of	of	ADP
fbem-7147	159	14	the	the	DET
fbem-7147	159	15	board	board	NOUN
fbem-7147	159	16	of	of	ADP
fbem-7147	159	17	directors	director	NOUN
fbem-7147	159	18	and	and	CCONJ
fbem-7147	159	19	enhance	enhance	VERB
fbem-7147	159	20	the	the	DET
fbem-7147	159	21	effect	effect	NOUN
fbem-7147	159	22	of	of	ADP
fbem-7147	159	23	corporate	corporate	ADJ
fbem-7147	159	24	decision	decision	NOUN
fbem-7147	159	25	-	-	PUNCT
fbem-7147	159	26	making	making	NOUN
fbem-7147	159	27	,	,	PUNCT
fbem-7147	159	28	non	non	ADJ
fbem-7147	159	29	-	-	ADJ
fbem-7147	159	30	state	state	NOUN
fbem-7147	159	31	-	-	PUNCT
fbem-7147	159	32	owned	own	VERB
fbem-7147	159	33	capital	capital	NOUN
fbem-7147	159	34	should	should	AUX
fbem-7147	159	35	be	be	AUX
fbem-7147	159	36	strengthened	strengthen	VERB
fbem-7147	159	37	to	to	ADP
fbem-7147	159	38	a	a	DET
fbem-7147	159	39	certain	certain	ADJ
fbem-7147	159	40	extent	extent	NOUN
fbem-7147	159	41	in	in	ADP
fbem-7147	159	42	the	the	DET
fbem-7147	159	43	company	company	NOUN
fbem-7147	159	44	's	's	PART
fbem-7147	159	45	major	major	ADJ
fbem-7147	159	46	decision	decision	NOUN
fbem-7147	159	47	-	-	PUNCT
fbem-7147	159	48	making	making	NOUN
fbem-7147	159	49	;	;	PUNCT
fbem-7147	159	50	on	on	ADP
fbem-7147	159	51	the	the	DET
fbem-7147	159	52	other	other	ADJ
fbem-7147	159	53	hand	hand	NOUN
fbem-7147	159	54	,	,	PUNCT
fbem-7147	159	55	the	the	DET
fbem-7147	159	56	telecommunications	telecommunications	NOUN
fbem-7147	159	57	industry	industry	NOUN
fbem-7147	159	58	is	be	AUX
fbem-7147	159	59	a	a	DET
fbem-7147	159	60	national	national	ADJ
fbem-7147	159	61	basic	basic	ADJ
fbem-7147	159	62	livelihood	livelihood	NOUN
fbem-7147	159	63	industry	industry	NOUN
fbem-7147	159	64	,	,	PUNCT
fbem-7147	159	65	in	in	ADP
fbem-7147	159	66	the	the	DET
fbem-7147	159	67	process	process	NOUN
fbem-7147	159	68	of	of	ADP
fbem-7147	159	69	introducing	introduce	VERB
fbem-7147	159	70	investors	investor	NOUN
fbem-7147	159	71	,	,	PUNCT
fbem-7147	159	72	enterprises	enterprise	NOUN
fbem-7147	159	73	that	that	PRON
fbem-7147	159	74	recognize	recognize	VERB
fbem-7147	159	75	the	the	DET
fbem-7147	159	76	fundamental	fundamental	ADJ
fbem-7147	159	77	functions	function	NOUN
fbem-7147	159	78	of	of	ADP
fbem-7147	159	79	state	state	NOUN
fbem-7147	159	80	-	-	PUNCT
fbem-7147	159	81	owned	own	VERB
fbem-7147	159	82	enterprises	enterprise	NOUN
fbem-7147	159	83	should	should	AUX
fbem-7147	159	84	be	be	AUX
fbem-7147	159	85	selected	select	VERB
fbem-7147	159	86	to	to	PART
fbem-7147	159	87	ensure	ensure	VERB
fbem-7147	159	88	the	the	DET
fbem-7147	159	89	realization	realization	NOUN
fbem-7147	159	90	of	of	ADP
fbem-7147	159	91	government	government	NOUN
fbem-7147	159	92	service	service	NOUN
fbem-7147	159	93	functions	function	NOUN
fbem-7147	159	94	.	.	PUNCT
fbem-7147	160	1	finally	finally	ADV
fbem-7147	160	2	,	,	PUNCT
fbem-7147	160	3	under	under	ADP
fbem-7147	160	4	the	the	DET
fbem-7147	160	5	current	current	ADJ
fbem-7147	160	6	performance	performance	NOUN
fbem-7147	160	7	appraisal	appraisal	NOUN
fbem-7147	160	8	system	system	NOUN
fbem-7147	160	9	,	,	PUNCT
fbem-7147	160	10	we	we	PRON
fbem-7147	160	11	should	should	AUX
fbem-7147	160	12	provide	provide	VERB
fbem-7147	160	13	more	more	ADV
fbem-7147	160	14	perfect	perfect	ADJ
fbem-7147	160	15	vocational	vocational	ADJ
fbem-7147	160	16	training	training	NOUN
fbem-7147	160	17	courses	course	NOUN
fbem-7147	160	18	to	to	ADP
fbem-7147	160	19	employees	employee	NOUN
fbem-7147	160	20	,	,	PUNCT
fbem-7147	160	21	improve	improve	VERB
fbem-7147	160	22	the	the	DET
fbem-7147	160	23	continuous	continuous	ADJ
fbem-7147	160	24	learning	learning	NOUN
fbem-7147	160	25	ability	ability	NOUN
fbem-7147	160	26	of	of	ADP
fbem-7147	160	27	internal	internal	ADJ
fbem-7147	160	28	employees	employee	NOUN
fbem-7147	160	29	,	,	PUNCT
fbem-7147	160	30	transform	transform	VERB
fbem-7147	160	31	the	the	DET
fbem-7147	160	32	pressure	pressure	NOUN
fbem-7147	160	33	of	of	ADP
fbem-7147	160	34	internal	internal	ADJ
fbem-7147	160	35	appraisal	appraisal	NOUN
fbem-7147	160	36	into	into	ADP
fbem-7147	160	37	power	power	NOUN
fbem-7147	160	38	,	,	PUNCT
fbem-7147	160	39	and	and	CCONJ
fbem-7147	160	40	promote	promote	VERB
fbem-7147	160	41	the	the	DET
fbem-7147	160	42	overall	overall	ADJ
fbem-7147	160	43	ability	ability	NOUN
fbem-7147	160	44	of	of	ADP
fbem-7147	160	45	the	the	DET
fbem-7147	160	46	company	company	NOUN
fbem-7147	160	47	.	.	PUNCT
fbem-7147	161	1	in	in	ADP
fbem-7147	161	2	addition	addition	NOUN
fbem-7147	161	3	,	,	PUNCT
fbem-7147	161	4	the	the	DET
fbem-7147	161	5	company	company	NOUN
fbem-7147	161	6	should	should	AUX
fbem-7147	161	7	also	also	ADV
fbem-7147	161	8	strictly	strictly	ADV
fbem-7147	161	9	implement	implement	VERB
fbem-7147	161	10	incentive	incentive	NOUN
fbem-7147	161	11	measures	measure	NOUN
fbem-7147	161	12	,	,	PUNCT
fbem-7147	161	13	fulfill	fulfill	VERB
fbem-7147	161	14	its	its	PRON
fbem-7147	161	15	performance	performance	NOUN
fbem-7147	161	16	target	target	NOUN
fbem-7147	161	17	commitment	commitment	NOUN
fbem-7147	161	18	to	to	ADP
fbem-7147	161	19	employees	employee	NOUN
fbem-7147	161	20	,	,	PUNCT
fbem-7147	161	21	ensure	ensure	VERB
fbem-7147	161	22	the	the	DET
fbem-7147	161	23	coordinated	coordinated	ADJ
fbem-7147	161	24	operation	operation	NOUN
fbem-7147	161	25	of	of	ADP
fbem-7147	161	26	performance	performance	NOUN
fbem-7147	161	27	appraisal	appraisal	NOUN
fbem-7147	161	28	and	and	CCONJ
fbem-7147	161	29	incentive	incentive	NOUN
fbem-7147	161	30	mechanism	mechanism	NOUN
fbem-7147	161	31	,	,	PUNCT
fbem-7147	161	32	achieve	achieve	VERB
fbem-7147	161	33	long	long	ADJ
fbem-7147	161	34	-	-	PUNCT
fbem-7147	161	35	term	term	NOUN
fbem-7147	161	36	incentive	incentive	NOUN
fbem-7147	161	37	effect	effect	NOUN
fbem-7147	161	38	,	,	PUNCT
fbem-7147	161	39	and	and	CCONJ
fbem-7147	161	40	promote	promote	VERB
fbem-7147	161	41	the	the	DET
fbem-7147	161	42	consistency	consistency	NOUN
fbem-7147	161	43	of	of	ADP
fbem-7147	161	44	employee	employee	NOUN
fbem-7147	161	45	interests	interest	NOUN
fbem-7147	161	46	and	and	CCONJ
fbem-7147	161	47	company	company	NOUN
fbem-7147	161	48	interests	interest	NOUN
fbem-7147	161	49	.	.	PUNCT
fbem-7147	162	1	references	reference	NOUN
fbem-7147	162	2	[	[	X
fbem-7147	162	3	1	1	NUM
fbem-7147	162	4	]	]	X
fbem-7147	162	5	chen	chen	PROPN
fbem-7147	162	6	,	,	PUNCT
fbem-7147	162	7	h	h	PROPN
fbem-7147	162	8	,	,	PUNCT
fbem-7147	162	9	h.	h.	PROPN
fbem-7147	162	10	(	(	PUNCT
fbem-7147	162	11	2019	2019	NUM
fbem-7147	162	12	)	)	PUNCT
fbem-7147	162	13	.	.	PUNCT
fbem-7147	163	1	a	a	DET
fbem-7147	163	2	study	study	NOUN
fbem-7147	163	3	on	on	ADP
fbem-7147	163	4	employee	employee	NOUN
fbem-7147	163	5	stock	stock	NOUN
fbem-7147	163	6	ownership	ownership	NOUN
fbem-7147	163	7	plan	plan	NOUN
fbem-7147	163	8	of	of	ADP
fbem-7147	163	9	a	a	DET
fbem-7147	163	10	company	company	NOUN
fbem-7147	163	11	under	under	ADP
fbem-7147	163	12	the	the	DET
fbem-7147	163	13	reform	reform	NOUN
fbem-7147	163	14	of	of	ADP
fbem-7147	163	15	mixed	mixed	ADJ
fbem-7147	163	16	ownership	ownership	NOUN
fbem-7147	163	17	of	of	ADP
fbem-7147	163	18	state	state	NOUN
fbem-7147	163	19	-	-	PUNCT
fbem-7147	163	20	owned	own	VERB
fbem-7147	163	21	enterprise	enterprise	NOUN
fbem-7147	163	22	(	(	PUNCT
fbem-7147	163	23	master	master	NOUN
fbem-7147	163	24	’s	’s	PART
fbem-7147	163	25	thesis	thesis	NOUN
fbem-7147	163	26	)	)	PUNCT
fbem-7147	163	27	.	.	PUNCT
fbem-7147	164	1	retrieved	retrieve	VERB
fbem-7147	164	2	from	from	ADP
fbem-7147	164	3	http://zz.xue1888.com/kns/brief/default_result.aspx?code=s	http://zz.xue1888.com/kns/brief/default_result.aspx?code=s	PROPN
fbem-7147	164	4	cdb	cdb	X
fbem-7147	164	5	191	191	NUM
fbem-7147	164	6	[	[	X
fbem-7147	164	7	2	2	NUM
fbem-7147	164	8	]	]	X
fbem-7147	164	9	cui	cui	PROPN
fbem-7147	164	10	,	,	PUNCT
fbem-7147	164	11	y	y	PROPN
fbem-7147	164	12	,	,	PUNCT
fbem-7147	164	13	j.	j.	PROPN
fbem-7147	164	14	(	(	PUNCT
fbem-7147	164	15	2021	2021	NUM
fbem-7147	164	16	)	)	PUNCT
fbem-7147	164	17	.	.	PUNCT
fbem-7147	165	1	the	the	DET
fbem-7147	165	2	impact	impact	NOUN
fbem-7147	165	3	of	of	ADP
fbem-7147	165	4	mixed	mixed	ADJ
fbem-7147	165	5	ownership	ownership	NOUN
fbem-7147	165	6	reform	reform	NOUN
fbem-7147	165	7	on	on	ADP
fbem-7147	165	8	corporate	corporate	ADJ
fbem-7147	165	9	governance	governance	NOUN
fbem-7147	165	10	:	:	PUNCT
fbem-7147	165	11	a	a	DET
fbem-7147	165	12	case	case	NOUN
fbem-7147	165	13	study	study	NOUN
fbem-7147	165	14	of	of	ADP
fbem-7147	165	15	china	china	PROPN
fbem-7147	165	16	unicom	unicom	PROPN
fbem-7147	165	17	.	.	PUNCT
fbem-7147	166	1	investment	investment	NOUN
fbem-7147	166	2	and	and	CCONJ
fbem-7147	166	3	cooperation	cooperation	NOUN
fbem-7147	166	4	,	,	PUNCT
fbem-7147	166	5	(	(	PUNCT
fbem-7147	166	6	07	07	NUM
fbem-7147	166	7	)	)	PUNCT
fbem-7147	166	8	,	,	PUNCT
fbem-7147	166	9	13	13	NUM
fbem-7147	166	10	-	-	SYM
fbem-7147	166	11	16	16	NUM
fbem-7147	166	12	.	.	PUNCT
fbem-7147	167	1	[	[	X
fbem-7147	167	2	3	3	NUM
fbem-7147	167	3	]	]	X
fbem-7147	167	4	huang	huang	PROPN
fbem-7147	167	5	,	,	PUNCT
fbem-7147	167	6	n.	n.	PROPN
fbem-7147	167	7	(	(	PUNCT
fbem-7147	167	8	2020	2020	NUM
fbem-7147	167	9	)	)	PUNCT
fbem-7147	167	10	.	.	PUNCT
fbem-7147	168	1	china	china	PROPN
fbem-7147	168	2	unicom	unicom	PROPN
fbem-7147	168	3	's	's	PART
fbem-7147	168	4	mixed	mixed	ADJ
fbem-7147	168	5	ownership	ownership	NOUN
fbem-7147	168	6	reform	reform	NOUN
fbem-7147	168	7	and	and	CCONJ
fbem-7147	168	8	performance	performance	NOUN
fbem-7147	168	9	analysis	analysis	NOUN
fbem-7147	168	10	.	.	PUNCT
fbem-7147	169	1	china	china	PROPN
fbem-7147	169	2	unicom	unicom	PROPN
fbem-7147	169	3	's	's	PART
fbem-7147	169	4	mixed	mixed	ADJ
fbem-7147	169	5	ownership	ownership	NOUN
fbem-7147	169	6	reform	reform	NOUN
fbem-7147	169	7	and	and	CCONJ
fbem-7147	169	8	performance	performance	NOUN
fbem-7147	169	9	analysis	analysis	NOUN
fbem-7147	169	10	,	,	PUNCT
fbem-7147	169	11	2020	2020	NUM
fbem-7147	169	12	(	(	PUNCT
fbem-7147	169	13	11	11	NUM
fbem-7147	169	14	)	)	PUNCT
fbem-7147	169	15	,	,	PUNCT
fbem-7147	169	16	88	88	NUM
fbem-7147	169	17	-	-	SYM
fbem-7147	169	18	92	92	NUM
fbem-7147	169	19	.	.	PUNCT
fbem-7147	170	1	[	[	X
fbem-7147	170	2	4	4	NUM
fbem-7147	170	3	]	]	X
fbem-7147	170	4	laffont	laffont	PROPN
fbem-7147	170	5	,	,	PUNCT
fbem-7147	170	6	j.	j.	PROPN
fbem-7147	170	7	&	&	CCONJ
fbem-7147	170	8	martimort	martimort	PROPN
fbem-7147	170	9	,	,	PUNCT
fbem-7147	170	10	d.	d.	PROPN
fbem-7147	170	11	(	(	PUNCT
fbem-7147	170	12	2002	2002	NUM
fbem-7147	170	13	)	)	PUNCT
fbem-7147	170	14	.	.	PUNCT
fbem-7147	171	1	the	the	DET
fbem-7147	171	2	theory	theory	NOUN
fbem-7147	171	3	of	of	ADP
fbem-7147	171	4	incentives	incentive	NOUN
fbem-7147	171	5	:	:	PUNCT
fbem-7147	171	6	the	the	DET
fbem-7147	171	7	principal	principal	ADJ
fbem-7147	171	8	-	-	PUNCT
fbem-7147	171	9	agent	agent	NOUN
fbem-7147	171	10	model	model	NOUN
fbem-7147	171	11	.	.	PUNCT
fbem-7147	172	1	new	new	PROPN
fbem-7147	172	2	york	york	PROPN
fbem-7147	172	3	:	:	PUNCT
fbem-7147	172	4	american	american	PROPN
fbem-7147	172	5	management	management	PROPN
fbem-7147	172	6	association	association	PROPN
fbem-7147	172	7	.	.	PUNCT
fbem-7147	173	1	[	[	X
fbem-7147	173	2	5	5	NUM
fbem-7147	173	3	]	]	SYM
fbem-7147	173	4	li	li	PROPN
fbem-7147	173	5	,	,	PUNCT
fbem-7147	173	6	y	y	PROPN
fbem-7147	173	7	,	,	PUNCT
fbem-7147	173	8	h.	h.	PROPN
fbem-7147	173	9	ma	ma	PROPN
fbem-7147	173	10	,	,	PUNCT
fbem-7147	173	11	z.	z.	PROPN
fbem-7147	173	12	&	&	CCONJ
fbem-7147	173	13	zhang	zhang	PROPN
fbem-7147	173	14	,	,	PUNCT
fbem-7147	173	15	b	b	PROPN
fbem-7147	173	16	,	,	PUNCT
fbem-7147	173	17	s.	s.	PROPN
fbem-7147	173	18	(	(	PUNCT
fbem-7147	173	19	2019	2019	NUM
fbem-7147	173	20	)	)	PUNCT
fbem-7147	173	21	.	.	PUNCT
fbem-7147	174	1	mode	mode	PROPN
fbem-7147	174	2	innovation	innovation	NOUN
fbem-7147	174	3	of	of	ADP
fbem-7147	174	4	mixed	mixed	ADJ
fbem-7147	174	5	ownership	ownership	NOUN
fbem-7147	174	6	reform	reform	NOUN
fbem-7147	174	7	in	in	ADP
fbem-7147	174	8	state	state	NOUN
fbem-7147	174	9	-	-	PUNCT
fbem-7147	174	10	owned	own	VERB
fbem-7147	174	11	group	group	NOUN
fbem-7147	174	12	enterprises	enterprise	NOUN
fbem-7147	174	13	—	—	PUNCT
fbem-7147	174	14	—	—	PUNCT
fbem-7147	174	15	taking	take	VERB
fbem-7147	174	16	china	china	PROPN
fbem-7147	174	17	unicom	unicom	PROPN
fbem-7147	174	18	as	as	ADP
fbem-7147	174	19	an	an	DET
fbem-7147	174	20	example	example	NOUN
fbem-7147	174	21	.	.	PUNCT
fbem-7147	175	1	accounting	accounting	NOUN
fbem-7147	175	2	newsletter	newsletter	NOUN
fbem-7147	175	3	,	,	PUNCT
fbem-7147	175	4	2019	2019	NUM
fbem-7147	175	5	(	(	PUNCT
fbem-7147	175	6	11	11	NUM
fbem-7147	175	7	)	)	PUNCT
fbem-7147	175	8	,	,	PUNCT
fbem-7147	175	9	63	63	NUM
fbem-7147	175	10	-	-	SYM
fbem-7147	175	11	66	66	NUM
fbem-7147	175	12	.	.	PUNCT
fbem-7147	176	1	[	[	X
fbem-7147	176	2	6	6	NUM
fbem-7147	176	3	]	]	X
fbem-7147	176	4	miller	miller	PROPN
fbem-7147	176	5	,	,	PUNCT
fbem-7147	176	6	g	g	PROPN
fbem-7147	176	7	,	,	PUNCT
fbem-7147	176	8	j.	j.	PROPN
fbem-7147	176	9	(	(	PUNCT
fbem-7147	176	10	2005	2005	NUM
fbem-7147	176	11	)	)	PUNCT
fbem-7147	176	12	.	.	PUNCT
fbem-7147	177	1	the	the	DET
fbem-7147	177	2	political	political	ADJ
fbem-7147	177	3	evolution	evolution	NOUN
fbem-7147	177	4	of	of	ADP
fbem-7147	177	5	principal	principal	ADJ
fbem-7147	177	6	-	-	PUNCT
fbem-7147	177	7	agent	agent	NOUN
fbem-7147	177	8	models	model	NOUN
fbem-7147	177	9	.	.	PUNCT
fbem-7147	178	1	annual	annual	ADJ
fbem-7147	178	2	review	review	NOUN
fbem-7147	178	3	of	of	ADP
fbem-7147	178	4	political	political	ADJ
fbem-7147	178	5	science	science	NOUN
fbem-7147	178	6	,	,	PUNCT
fbem-7147	178	7	2005	2005	NUM
fbem-7147	178	8	(	(	PUNCT
fbem-7147	178	9	8)	8)	NUM
fbem-7147	178	10	,	,	PUNCT
fbem-7147	178	11	203	203	NUM
fbem-7147	178	12	-	-	SYM
fbem-7147	178	13	225	225	NUM
fbem-7147	178	14	.	.	PUNCT
fbem-7147	179	1	[	[	X
fbem-7147	179	2	7	7	NUM
fbem-7147	179	3	]	]	X
fbem-7147	179	4	pan	pan	NOUN
fbem-7147	179	5	,	,	PUNCT
fbem-7147	179	6	g	g	PROPN
fbem-7147	179	7	,	,	PUNCT
fbem-7147	179	8	z.	z.	PROPN
fbem-7147	179	9	(	(	PUNCT
fbem-7147	179	10	2015	2015	NUM
fbem-7147	179	11	)	)	PUNCT
fbem-7147	179	12	.	.	PUNCT
fbem-7147	180	1	the	the	DET
fbem-7147	180	2	essential	essential	ADJ
fbem-7147	180	3	of	of	ADP
fbem-7147	180	4	state	state	NOUN
fbem-7147	180	5	-	-	PUNCT
fbem-7147	180	6	owned	own	VERB
fbem-7147	180	7	enterprise	enterprise	NOUN
fbem-7147	180	8	reform	reform	NOUN
fbem-7147	180	9	-perfecting	-perfecte	VERB
fbem-7147	180	10	the	the	DET
fbem-7147	180	11	corporate	corporate	ADJ
fbem-7147	180	12	governance	governance	NOUN
fbem-7147	180	13	structure	structure	NOUN
fbem-7147	180	14	of	of	ADP
fbem-7147	180	15	state	state	NOUN
fbem-7147	180	16	-	-	PUNCT
fbem-7147	180	17	owned	own	VERB
fbem-7147	180	18	enterprise	enterprise	NOUN
fbem-7147	180	19	.	.	PUNCT
fbem-7147	181	1	enterprise	enterprise	NOUN
fbem-7147	181	2	reform	reform	NOUN
fbem-7147	181	3	and	and	CCONJ
fbem-7147	181	4	management	management	NOUN
fbem-7147	181	5	,	,	PUNCT
fbem-7147	181	6	2015	2015	NUM
fbem-7147	181	7	(	(	PUNCT
fbem-7147	181	8	12	12	NUM
fbem-7147	181	9	)	)	PUNCT
fbem-7147	181	10	,	,	PUNCT
fbem-7147	181	11	55	55	NUM
fbem-7147	181	12	-	-	SYM
fbem-7147	181	13	58	58	NUM
fbem-7147	181	14	.	.	PUNCT
fbem-7147	182	1	[	[	X
fbem-7147	182	2	8	8	NUM
fbem-7147	182	3	]	]	X
fbem-7147	182	4	qin	qin	PROPN
fbem-7147	182	5	,	,	PUNCT
fbem-7147	182	6	y	y	PROPN
fbem-7147	182	7	,	,	PUNCT
fbem-7147	182	8	m.	m.	NOUN
fbem-7147	182	9	(	(	PUNCT
fbem-7147	182	10	2015	2015	NUM
fbem-7147	182	11	)	)	PUNCT
fbem-7147	182	12	.	.	PUNCT
fbem-7147	183	1	problems	problem	NOUN
fbem-7147	183	2	and	and	CCONJ
fbem-7147	183	3	countermeasures	countermeasure	NOUN
fbem-7147	183	4	of	of	ADP
fbem-7147	183	5	performance	performance	NOUN
fbem-7147	183	6	management	management	NOUN
fbem-7147	183	7	in	in	ADP
fbem-7147	183	8	china	china	PROPN
fbem-7147	183	9	's	's	PART
fbem-7147	183	10	state	state	NOUN
fbem-7147	183	11	-	-	PUNCT
fbem-7147	183	12	owned	own	VERB
fbem-7147	183	13	enterprises	enterprise	NOUN
fbem-7147	183	14	.	.	PUNCT
fbem-7147	184	1	modern	modern	ADJ
fbem-7147	184	2	economic	economic	ADJ
fbem-7147	184	3	information	information	NOUN
fbem-7147	184	4	journal,9	journal,9	NOUN
fbem-7147	184	5	(	(	PUNCT
fbem-7147	184	6	36),101	36),101	NUM
fbem-7147	184	7	-	-	PUNCT
fbem-7147	184	8	102	102	NUM
fbem-7147	184	9	.	.	PUNCT
fbem-7147	185	1	[	[	X
fbem-7147	185	2	9	9	NUM
fbem-7147	185	3	]	]	PUNCT
fbem-7147	185	4	shleifer	shleifer	NOUN
fbem-7147	185	5	,	,	PUNCT
fbem-7147	185	6	a.	a.	PROPN
fbem-7147	185	7	&	&	CCONJ
fbem-7147	185	8	vishny	vishny	PROPN
fbem-7147	185	9	,	,	PUNCT
fbem-7147	185	10	r	r	PROPN
fbem-7147	185	11	,	,	PUNCT
fbem-7147	185	12	w.	w.	NOUN
fbem-7147	185	13	(	(	PUNCT
fbem-7147	185	14	1997	1997	NUM
fbem-7147	185	15	)	)	PUNCT
fbem-7147	185	16	.	.	PUNCT
fbem-7147	186	1	a	a	DET
fbem-7147	186	2	survey	survey	NOUN
fbem-7147	186	3	of	of	ADP
fbem-7147	186	4	corporate	corporate	ADJ
fbem-7147	186	5	governance	governance	NOUN
fbem-7147	186	6	.	.	PUNCT
fbem-7147	187	1	journal	journal	NOUN
fbem-7147	187	2	of	of	ADP
fbem-7147	187	3	finance	finance	NOUN
fbem-7147	187	4	,	,	PUNCT
fbem-7147	187	5	1997	1997	NUM
fbem-7147	187	6	(	(	PUNCT
fbem-7147	187	7	52	52	NUM
fbem-7147	187	8	)	)	PUNCT
fbem-7147	187	9	.	.	PUNCT
fbem-7147	188	1	[	[	X
fbem-7147	188	2	10	10	NUM
fbem-7147	188	3	]	]	X
fbem-7147	188	4	tian	tian	ADJ
fbem-7147	188	5	,	,	PUNCT
fbem-7147	188	6	g	g	PROPN
fbem-7147	188	7	,	,	PUNCT
fbem-7147	188	8	q.	q.	PROPN
fbem-7147	188	9	(	(	PUNCT
fbem-7147	188	10	2005	2005	NUM
fbem-7147	188	11	)	)	PUNCT
fbem-7147	188	12	.	.	PUNCT
fbem-7147	189	1	the	the	DET
fbem-7147	189	2	basic	basic	ADJ
fbem-7147	189	3	analytical	analytical	ADJ
fbem-7147	189	4	framework	framework	NOUN
fbem-7147	189	5	and	and	CCONJ
fbem-7147	189	6	research	research	NOUN
fbem-7147	189	7	methods	method	NOUN
fbem-7147	189	8	of	of	ADP
fbem-7147	189	9	modern	modern	ADJ
fbem-7147	189	10	economics	economic	NOUN
fbem-7147	189	11	.	.	PUNCT
fbem-7147	190	1	economic	economic	ADJ
fbem-7147	190	2	research	research	NOUN
fbem-7147	190	3	,	,	PUNCT
fbem-7147	190	4	2	2	NUM
fbem-7147	190	5	(	(	PUNCT
fbem-7147	190	6	1	1	NUM
fbem-7147	190	7	)	)	PUNCT
fbem-7147	190	8	.	.	PUNCT
fbem-7147	191	1	[	[	X
fbem-7147	191	2	11	11	NUM
fbem-7147	191	3	]	]	X
fbem-7147	191	4	wang	wang	PROPN
fbem-7147	191	5	,	,	PUNCT
fbem-7147	191	6	h	h	NOUN
fbem-7147	191	7	,	,	PUNCT
fbem-7147	191	8	p.	p.	NOUN
fbem-7147	191	9	(	(	PUNCT
fbem-7147	191	10	2022	2022	NUM
fbem-7147	191	11	)	)	PUNCT
fbem-7147	191	12	.	.	PUNCT
fbem-7147	192	1	performance	performance	NOUN
fbem-7147	192	2	analysis	analysis	NOUN
fbem-7147	192	3	of	of	ADP
fbem-7147	192	4	mixed	mixed	ADJ
fbem-7147	192	5	reform	reform	NOUN
fbem-7147	192	6	of	of	ADP
fbem-7147	192	7	state	state	NOUN
fbem-7147	192	8	-	-	PUNCT
fbem-7147	192	9	owned	own	VERB
fbem-7147	192	10	enterprises	enterprise	NOUN
fbem-7147	192	11	—	—	PUNCT
fbem-7147	192	12	—	—	PUNCT
fbem-7147	192	13	taking	take	VERB
fbem-7147	192	14	china	china	PROPN
fbem-7147	192	15	unicom	unicom	PROPN
fbem-7147	192	16	as	as	ADP
fbem-7147	192	17	an	an	DET
fbem-7147	192	18	example	example	NOUN
fbem-7147	192	19	.	.	PUNCT
fbem-7147	193	1	journal	journal	NOUN
fbem-7147	193	2	of	of	ADP
fbem-7147	193	3	financial	financial	ADJ
fbem-7147	193	4	management	management	NOUN
fbem-7147	193	5	research	research	NOUN
fbem-7147	193	6	,	,	PUNCT
fbem-7147	193	7	42	42	NUM
fbem-7147	193	8	(	(	PUNCT
fbem-7147	193	9	10	10	NUM
fbem-7147	193	10	)	)	PUNCT
fbem-7147	193	11	,	,	PUNCT
fbem-7147	193	12	22	22	NUM
fbem-7147	193	13	-	-	SYM
fbem-7147	193	14	30	30	NUM
fbem-7147	193	15	.	.	PUNCT
fbem-7147	194	1	[	[	X
fbem-7147	194	2	12	12	NUM
fbem-7147	194	3	]	]	X
fbem-7147	194	4	xiao	xiao	PROPN
fbem-7147	194	5	,	,	PUNCT
fbem-7147	194	6	g	g	PROPN
fbem-7147	194	7	,	,	PUNCT
fbem-7147	194	8	q.	q.	PROPN
fbem-7147	194	9	&	&	CCONJ
fbem-7147	194	10	qiao	qiao	PROPN
fbem-7147	194	11	,	,	PUNCT
fbem-7147	194	12	h	h	NOUN
fbem-7147	194	13	,	,	PUNCT
fbem-7147	194	14	b.	b.	PROPN
fbem-7147	194	15	(	(	PUNCT
fbem-7147	194	16	2015	2015	NUM
fbem-7147	194	17	)	)	PUNCT
fbem-7147	194	18	.	.	PUNCT
fbem-7147	194	19	mixed	mixed	ADJ
fbem-7147	194	20	ownership	ownership	NOUN
fbem-7147	194	21	economy	economy	NOUN
fbem-7147	194	22	and	and	CCONJ
fbem-7147	194	23	the	the	DET
fbem-7147	194	24	reform	reform	NOUN
fbem-7147	194	25	of	of	ADP
fbem-7147	194	26	state	state	NOUN
fbem-7147	194	27	-	-	PUNCT
fbem-7147	194	28	owned	own	VERB
fbem-7147	194	29	enterprises	enterprise	NOUN
fbem-7147	194	30	.	.	PUNCT
fbem-7147	195	1	socialist	socialist	ADJ
fbem-7147	195	2	research	research	NOUN
fbem-7147	195	3	press	press	NOUN
fbem-7147	195	4	,	,	PUNCT
fbem-7147	195	5	95	95	NUM
fbem-7147	195	6	(	(	PUNCT
fbem-7147	195	7	4),52	4),52	NUM
fbem-7147	195	8	-	-	SYM
fbem-7147	195	9	57	57	NUM
fbem-7147	195	10	.	.	PUNCT
fbem-7147	196	1	[	[	X
fbem-7147	196	2	13	13	NUM
fbem-7147	196	3	]	]	SYM
fbem-7147	196	4	yang	yang	PROPN
fbem-7147	196	5	,	,	PUNCT
fbem-7147	196	6	h	h	PROPN
fbem-7147	196	7	,	,	PUNCT
fbem-7147	196	8	y.	y.	PROPN
fbem-7147	196	9	&	&	CCONJ
fbem-7147	196	10	tong	tong	PROPN
fbem-7147	196	11	,	,	PUNCT
fbem-7147	196	12	l.	l.	PROPN
fbem-7147	196	13	(	(	PUNCT
fbem-7147	196	14	2015	2015	NUM
fbem-7147	196	15	)	)	PUNCT
fbem-7147	196	16	.	.	PUNCT
fbem-7147	197	1	corporate	corporate	ADJ
fbem-7147	197	2	internal	internal	ADJ
fbem-7147	197	3	governance	governance	NOUN
fbem-7147	197	4	in	in	ADP
fbem-7147	197	5	mixed	mixed	ADJ
fbem-7147	197	6	ownership	ownership	NOUN
fbem-7147	197	7	reform	reform	NOUN
fbem-7147	197	8	of	of	ADP
fbem-7147	197	9	state	state	NOUN
fbem-7147	197	10	-	-	PUNCT
fbem-7147	197	11	owned	own	VERB
fbem-7147	197	12	enterprises	enterprise	NOUN
fbem-7147	197	13	,	,	PUNCT
fbem-7147	197	14	technical	technical	ADJ
fbem-7147	197	15	economics	economic	NOUN
fbem-7147	197	16	and	and	CCONJ
fbem-7147	197	17	management	management	NOUN
fbem-7147	197	18	research	research	NOUN
fbem-7147	197	19	,	,	PUNCT
fbem-7147	197	20	66	66	NUM
fbem-7147	197	21	(	(	PUNCT
fbem-7147	197	22	5),50	5),50	NUM
fbem-7147	197	23	-	-	NUM
fbem-7147	197	24	54	54	NUM
fbem-7147	197	25	.	.	PUNCT
fbem-7147	198	1	[	[	X
fbem-7147	198	2	14	14	NUM
fbem-7147	198	3	]	]	SYM
fbem-7147	198	4	yang	yang	PROPN
fbem-7147	198	5	,	,	PUNCT
fbem-7147	198	6	h	h	PROPN
fbem-7147	198	7	,	,	PUNCT
fbem-7147	198	8	y.	y.	PROPN
fbem-7147	198	9	&	&	CCONJ
fbem-7147	198	10	tong	tong	PROPN
fbem-7147	198	11	,	,	PUNCT
fbem-7147	198	12	l.	l.	PROPN
fbem-7147	198	13	(	(	PUNCT
fbem-7147	198	14	2015	2015	NUM
fbem-7147	198	15	)	)	PUNCT
fbem-7147	198	16	.	.	PUNCT
fbem-7147	199	1	on	on	ADP
fbem-7147	199	2	corporate	corporate	ADJ
fbem-7147	199	3	governance	governance	NOUN
fbem-7147	199	4	of	of	ADP
fbem-7147	199	5	state	state	NOUN
fbem-7147	199	6	-	-	PUNCT
fbem-7147	199	7	owned	own	VERB
fbem-7147	199	8	enterprises	enterprise	NOUN
fbem-7147	199	9	under	under	ADP
fbem-7147	199	10	mixed	mixed	ADJ
fbem-7147	199	11	ownership	ownership	NOUN
fbem-7147	199	12	reform	reform	NOUN
fbem-7147	199	13	.	.	PUNCT
fbem-7147	200	1	macroeconomic	macroeconomic	ADJ
fbem-7147	200	2	research	research	NOUN
fbem-7147	200	3	,	,	PUNCT
fbem-7147	200	4	23	23	NUM
fbem-7147	200	5	(	(	PUNCT
fbem-7147	200	6	1),42	1),42	NUM
fbem-7147	200	7	-	-	SYM
fbem-7147	200	8	51	51	NUM
fbem-7147	200	9	.	.	PUNCT
fbem-7147	201	1	[	[	X
fbem-7147	201	2	15	15	NUM
fbem-7147	201	3	]	]	X
fbem-7147	201	4	ye	ye	NUM
fbem-7147	201	5	,	,	PUNCT
fbem-7147	201	6	c	c	X
fbem-7147	201	7	,	,	PUNCT
fbem-7147	201	8	g.	g.	PROPN
fbem-7147	201	9	qiu	qiu	PROPN
fbem-7147	201	10	,	,	PUNCT
fbem-7147	201	11	l	l	PROPN
fbem-7147	201	12	,	,	PUNCT
fbem-7147	201	13	&	&	CCONJ
fbem-7147	201	14	zhang	zhang	PROPN
fbem-7147	201	15	,	,	PUNCT
fbem-7147	201	16	l	l	PROPN
fbem-7147	201	17	,	,	PUNCT
fbem-7147	201	18	j.	j.	PROPN
fbem-7147	201	19	(	(	PUNCT
fbem-7147	201	20	2016	2016	NUM
fbem-7147	201	21	)	)	PUNCT
fbem-7147	201	22	.	.	PUNCT
fbem-7147	202	1	corporate	corporate	ADJ
fbem-7147	202	2	governance	governance	NOUN
fbem-7147	202	3	structure	structure	NOUN
fbem-7147	202	4	,	,	PUNCT
fbem-7147	202	5	internal	internal	ADJ
fbem-7147	202	6	control	control	NOUN
fbem-7147	202	7	quality	quality	NOUN
fbem-7147	202	8	and	and	CCONJ
fbem-7147	202	9	corporate	corporate	ADJ
fbem-7147	202	10	financial	financial	ADJ
fbem-7147	202	11	performance	performance	NOUN
fbem-7147	202	12	.	.	PUNCT
fbem-7147	203	1	audit	audit	NOUN
fbem-7147	203	2	research	research	NOUN
fbem-7147	203	3	journal	journal	NOUN
fbem-7147	203	4	,	,	PUNCT
fbem-7147	203	5	(	(	PUNCT
fbem-7147	203	6	2),104	2),104	NOUN
fbem-7147	203	7	-	-	SYM
fbem-7147	203	8	112	112	NUM
fbem-7147	203	9	.	.	PUNCT
fbem-7147	204	1	[	[	X
fbem-7147	204	2	16	16	NUM
fbem-7147	204	3	]	]	X
fbem-7147	204	4	zheng	zheng	PROPN
fbem-7147	204	5	,	,	PUNCT
fbem-7147	204	6	z	z	PROPN
fbem-7147	204	7	,	,	PUNCT
fbem-7147	204	8	g.	g.	PROPN
fbem-7147	204	9	(	(	PUNCT
fbem-7147	204	10	2015	2015	NUM
fbem-7147	204	11	)	)	PUNCT
fbem-7147	204	12	.	.	PUNCT
fbem-7147	205	1	the	the	DET
fbem-7147	205	2	logic	logic	NOUN
fbem-7147	205	3	and	and	CCONJ
fbem-7147	205	4	path	path	NOUN
fbem-7147	205	5	of	of	ADP
fbem-7147	205	6	corporate	corporate	ADJ
fbem-7147	205	7	governance	governance	NOUN
fbem-7147	205	8	and	and	CCONJ
fbem-7147	205	9	mixed	mixed	ADJ
fbem-7147	205	10	ownership	ownership	NOUN
fbem-7147	205	11	reform	reform	NOUN
fbem-7147	205	12	of	of	ADP
fbem-7147	205	13	state	state	NOUN
fbem-7147	205	14	-	-	PUNCT
fbem-7147	205	15	owned	own	VERB
fbem-7147	205	16	enterprises	enterprise	NOUN
fbem-7147	205	17	.	.	PUNCT
fbem-7147	206	1	securities	security	NOUN
fbem-7147	206	2	market	market	PROPN
fbem-7147	206	3	herald	herald	PROPN
fbem-7147	206	4	,	,	PUNCT
fbem-7147	206	5	2015	2015	NUM
fbem-7147	206	6	(	(	PUNCT
fbem-7147	206	7	6),4	6),4	PROPN
fbem-7147	206	8	-	-	PUNCT
fbem-7147	206	9	12	12	NUM
fbem-7147	206	10	.	.	PUNCT
fbem-7147	207	1	[	[	X
fbem-7147	207	2	17	17	NUM
fbem-7147	207	3	]	]	X
fbem-7147	207	4	zhao	zhao	X
fbem-7147	207	5	,	,	PUNCT
fbem-7147	207	6	x	x	PROPN
fbem-7147	207	7	,	,	PUNCT
fbem-7147	207	8	d.	d.	PROPN
fbem-7147	207	9	(	(	PUNCT
fbem-7147	207	10	2021	2021	NUM
fbem-7147	207	11	)	)	PUNCT
fbem-7147	207	12	.	.	PUNCT
fbem-7147	208	1	the	the	DET
fbem-7147	208	2	dilemma	dilemma	NOUN
fbem-7147	208	3	and	and	CCONJ
fbem-7147	208	4	outlet	outlet	NOUN
fbem-7147	208	5	of	of	ADP
fbem-7147	208	6	china	china	PROPN
fbem-7147	208	7	's	's	PART
fbem-7147	208	8	corporate	corporate	ADJ
fbem-7147	208	9	governance	governance	NOUN
fbem-7147	208	10	system	system	NOUN
fbem-7147	208	11	.	.	PUNCT
fbem-7147	209	1	modern	modern	ADJ
fbem-7147	209	2	law	law	NOUN
fbem-7147	209	3	science,43	science,43	ADJ
fbem-7147	209	4	(	(	PUNCT
fbem-7147	209	5	02	02	NUM
fbem-7147	209	6	)	)	PUNCT
fbem-7147	209	7	,	,	PUNCT
fbem-7147	209	8	05	05	NUM
fbem-7147	209	9	-	-	SYM
fbem-7147	209	10	08	08	NUM
fbem-7147	209	11	.	.	PUNCT
fbem-7147	210	1	[	[	X
fbem-7147	210	2	18	18	NUM
fbem-7147	210	3	]	]	X
fbem-7147	210	4	zhang	zhang	PROPN
fbem-7147	210	5	,	,	PUNCT
fbem-7147	210	6	j	j	PROPN
fbem-7147	210	7	,	,	PUNCT
fbem-7147	210	8	d	d	PROPN
fbem-7147	210	9	&	&	CCONJ
fbem-7147	210	10	liu	liu	PROPN
fbem-7147	210	11	,	,	PUNCT
fbem-7147	210	12	s	s	PROPN
fbem-7147	210	13	,	,	PUNCT
fbem-7147	210	14	h.	h.	PROPN
fbem-7147	210	15	(	(	PUNCT
fbem-7147	210	16	2018	2018	NUM
fbem-7147	210	17	)	)	PUNCT
fbem-7147	210	18	.	.	PUNCT
fbem-7147	211	1	the	the	DET
fbem-7147	211	2	choice	choice	NOUN
fbem-7147	211	3	of	of	ADP
fbem-7147	211	4	strategic	strategic	ADJ
fbem-7147	211	5	investors	investor	NOUN
fbem-7147	211	6	from	from	ADP
fbem-7147	211	7	the	the	DET
fbem-7147	211	8	perspective	perspective	NOUN
fbem-7147	211	9	of	of	ADP
fbem-7147	211	10	china	china	PROPN
fbem-7147	211	11	unicom	unicom	PROPN
fbem-7147	211	12	's	's	PART
fbem-7147	211	13	mixed	mixed	ADJ
fbem-7147	211	14	ownership	ownership	NOUN
fbem-7147	211	15	reform	reform	NOUN
fbem-7147	211	16	.	.	PUNCT
fbem-7147	212	1	accounting	accounting	NOUN
fbem-7147	212	2	research	research	NOUN
fbem-7147	212	3	,	,	PUNCT
fbem-7147	212	4	60	60	NUM
fbem-7147	212	5	(	(	PUNCT
fbem-7147	212	6	6),58	6),58	NUM
fbem-7147	212	7	-	-	SYM
fbem-7147	212	8	65	65	NUM
fbem-7147	212	9	.	.	PUNCT
fbem-7147	213	1	[	[	X
fbem-7147	213	2	19	19	NUM
fbem-7147	213	3	]	]	X
fbem-7147	213	4	zhu	zhu	PROPN
fbem-7147	213	5	,	,	PUNCT
fbem-7147	213	6	y	y	PROPN
fbem-7147	213	7	,	,	PUNCT
fbem-7147	213	8	b.	b.	PROPN
fbem-7147	213	9	(	(	PUNCT
fbem-7147	213	10	2020	2020	NUM
fbem-7147	213	11	)	)	PUNCT
fbem-7147	213	12	.	.	PUNCT
fbem-7147	214	1	a	a	DET
fbem-7147	214	2	case	case	NOUN
fbem-7147	214	3	study	study	NOUN
fbem-7147	214	4	of	of	ADP
fbem-7147	214	5	china	china	PROPN
fbem-7147	214	6	unicom	unicom	PROPN
fbem-7147	214	7	's	's	PART
fbem-7147	214	8	corporate	corporate	ADJ
fbem-7147	214	9	governance	governance	NOUN
fbem-7147	214	10	under	under	ADP
fbem-7147	214	11	the	the	DET
fbem-7147	214	12	background	background	NOUN
fbem-7147	214	13	of	of	ADP
fbem-7147	214	14	mixed	mixed	ADJ
fbem-7147	214	15	ownership	ownership	NOUN
fbem-7147	214	16	reform	reform	NOUN
fbem-7147	214	17	(	(	PUNCT
fbem-7147	214	18	master	master	NOUN
fbem-7147	214	19	’s	’s	PART
fbem-7147	214	20	thesis	thesis	NOUN
fbem-7147	214	21	)	)	PUNCT
fbem-7147	214	22	.	.	PUNCT
fbem-7147	215	1	retrieved	retrieve	VERB
fbem-7147	215	2	from	from	ADP
fbem-7147	215	3	http://zz.xue1888.com/kns/brief/default_result.aspx?code=s	http://zz.xue1888.com/kns/brief/default_result.aspx?code=s	PROPN
fbem-7147	215	4	cdb	cdb	PROPN