China Pushes SOEs to Leave Beijing

The video discusses the relocation of state-owned enterprises from Beijing due to overcrowding and pollution. It highlights how cities like Shenzhen and Tianjin are competing to attract these companies with incentives. The importance of having headquarters in Beijing is also explored, as it allows companies to be close to policymakers and regulators.

What are the implications of companies relocating from the capital?

How do the companies benefit from being located in Beijing?