Small And Medium-sized State-owned Foreign Trade Enterprises To Joint-stock Reform - Shijiazhuang Chemical And Pharmaceutical Import And Export Corporation, For Example

China's entry into WTO has brought opportunities as well as unprecedented challenges to its small and medium sized state owned foreign enterprises (SMSFEs). As an effective measure to build modern corporate system, corporate stock system reform is essentical for the SMSFEs to meet the post-WTO challenges. This paper, on the basis of reviewing some basic theories of corporate stock system and the theories and practices of corporate stock system reform of the state owned enterprises, takes Shijiazhuang Chemicals Medicines and Health products Imp. & Exp. Corp., which is a typical SMSFE, as an example to probe into the strategies and methods concerning the SMSFEs' corporate stock system reform. It is hoyed that the considerations and suggestions put up on the paper, which is sassed upon the reforms experiences of this particular firm, are to instrumental to other SMSFEs in the process of corporate stock system reform.