Victor： Hi,大家好,我是Victor，
Nancy： Nancy!
Victor： 今天我们讨论的Topic是
Nancy：ABC is a state-owned firm.
Victor：这是什么意思呢？不明白。
Nancy：Years ago, everything in China was state-owned, which means owned by the government. Nowadays, more and more companies are privately owned,
Victor： 嗯，很多年前，我们国家都是以国有企业为主体，但现在有很多公司都已经私有化了。
Nancy：But when you read articles about China in western newspapers, you always read about SOEs, which stands for State Owned Enterprises. Which is the
Same thing.
Victor: 不过，现在我们经常能在外国的报纸上，读到一些关于我们国家国有企业公司的新闻。
Victor：ABC is a state-owned firm
Nancy: ABC is a state-owned firm
Nancy: That’s all for today. See you!
Victor: See you!