CHINAUS AFRICAASIA 中文双语Français
Business\Economy

SOEs to undergo deeper, wider reform in 2017: Top regularory body

By Ren Xiaojin and Zhong Nan | chinadaily.com.cn | Updated: 2017-03-09 16:00

Xiao Yaqing, chairman of the State-Owned Assets Supervision and Administration Commission, said the commission will focus on three core areas in 2017: strengthen State-owned assets supervision, enhance risk control, and promote reorganization of centrally-administered State-owned enterprises (SOEs). This year will see further, deeper and wider reform on mixed-ownership economy, he added.

"The State-owned enterprises' reforms in steel, coal, heavy equipment and thermal power industry are inevitable. In 2016, the centrally-administered SOEs got rid of 2,730 legal entities, which resulted in improved efficiency at the administrative level. The effect of supply-side structural reform and successful reduction in excessive industrial capacity in steel and coal production was also witnessed last year."

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US