||This thesis analyses privatization strategy in the most populous country in the world. This process attracts attention of the whole world, the reason is not only the size of privatization process, but mainly the chosen specific strategy of the transfer of ownership. Specifics arise from the type of state government in People´s Republic of China and the economic system called Market Socialistic Economy; the differences are almost establish by the wide area of the country, which makes necessary decentralization - this has impact on small differences of programme. The thesis further analyses the reasons of initiation of the process, their differences from usual reasons of privatization. Then the work deal with the initial conditions, main aspects of this strategy, positives and problems of the chosen path.