China plans to hire foreigners for top positions at six state-owned enterprises (SOE) by the end of this year in a pilot program to help some of the country's biggest businesses compete with foreign rivals.

The State-Owned Asset Supervision and Administration Commission, which was set up to control the country's 196 state-owned companies, said in a statement that foreigners will probably be picked to fill seven top positions in six firms. Li Yizhong, deputy head of the commission, said a large company must absorb the best talents to become globally competitive.

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