A paragraph from a news
This article is about China's economic slowdown.

“the government under Hu Jintao pushed aside market reforms in favor of public investment, directing the finance by the state largely through state owned enterprises.”

Could you explain the second part of this paragraph in a earlier way? Thanks in advance.

Question

A paragraph from a news
This article is about China's economic slowdown.

“the government under Hu Jintao pushed aside market reforms in favor of public investment, directing the finance by the state largely through state owned enterprises.”

Could you explain the second part of this paragraph  in a earlier way? Thanks in advance.

Answer

The government money was mostly invested in state owned companies.
directed: The government controlled where it went.
the finance: The government money.
by the state: Where the money came from.
largely: mostly.
through: how it was invested.
state owned enterprises: companies owned by the government