SOEs to absorb private capital
Updated: 2012-05-18 17:25
(chinadaily.com.cn)
|
|||||||||||
State-owned enterprises should absorb private capital in their restructuring, said the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) in an article published on Qiushi magazine.
The article said large state-owned enterprises should lead the development of both state-owned and private firms, actively introduce strategic investors and get their core businesses listed.
According to the article over 72.1 percent of centrally-administered state-owned enterprises and their affiliated enterprises have carried out restructuring by now, compared with 30.4 percent in 2002. Currently, more than 90 percent of state-owned enterprises have restructured.
As of the end of June 2011, 359 firms controlled by central enterprises have gone public, either in the A-share market or overseas markets. And 54.07 percent of central enterprises' total assets, 68.67 percent of net assets, and 60.4 percent of operating income are in their listed arms, the article said.
Related Stories
Chinese SOEs' profits down 8.6% in Jan-April 2012-05-18 09:23
Economist sees no state-private gap 2012-05-12 16:23
SOE reform not easy, says World Bank report 2012-03-01 08:03
China's private fund enters energy sector 2012-03-13 17:17
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |