抓大放小

(PRC, mid-1990s) to restructure the large state-owned enterprises (SOEs) controlled by the central government and privatize smaller SOEs at the local level

see 大夫[dai4 fu5]

big; large; great / older (than another person) / eldest (as in 大姐[da4 jie3]) / greatly; freely; fully / (dialect) father / (dialect) uncle (father's brother)

small / tiny / few / young

to put / to place / to release / to free / to let go / to let out / to set off (fireworks)

to grab / to catch / to arrest / to snatch / to scratch