Some enterprises were merged or declared bankrupt,while others were organized as mega enterprise groups,for instance: China National Petroleum and Natural Gas Corporation,China Petrol-Chemical Corporation and Shanghai Baogang Steel Group.

• 兼并破产了一批企业，同时组建了中国石油天然气集团、中国石油化工集团、上海宝钢集团等一批特大型企业集团。