From Chinese media
SASAC: China to continue restructure SOEs
Updated: 2010-12-24 17:16
By Cai Muyuan (chinadaily.com.cn)
Wang Yong, the head of the State-owned Assets Supervision and Administration Commission (SASAC), called for State-owned enterprises to be listed wholly, carrying no survival assets, Economic Information reported Friday.
According to Wang, though the goal to further cut the number of State-run companies to 100 has not been finalized yet, government officials will increase efforts to push consolidation among state firms.
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Wang noted the State's enterprises are wholly listed with their core business assets. Efforts should be made via various channels to push the overall listing for enterprises as a whole.
"The pace of mergers and overall listing among State companies will accelerate in the future", an authority with a state firm told the reporter.
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