Grasping the large, letting go of the small

The "grasping the large and letting the small go" (Chinese: 抓大放小; pinyin: Zhuā dà fàng xiǎo) is a Chinese Communist Party slogan to describe a wave of industrial reforms implemented by the government of the People's Republic of China in 1996. These reforms included efforts to corporatize state-owned enterprises (SOEs) and to downsize the state sector.