SOE reform
The nation will accelerate the reform of its gigantic central State-owned enterprises so they can expand globally, modernize their management and become more innovative.
The State-owned Assets Supervision and Administration Commission is drafting a major reform plan which will be announced by the State Council (cabinet) early next year.
Since the 2013 Central Economic Work Conference vowed to pursue reform and innovation in economic and social development, change at the central SOEs has become a key task for the national government.
These reforms will ensure quality and efficiency in economic growth, stimulate markets and accelerate the economic structural adjustment. They will also improve SOEs' performance and services and help them "go global".
The total asset value of central and local SOEs is about $16.33 trillion.
|
 |
|
Employees work at their desks in a thermal power plant in Huaibei, Anhui province, on Sept 22, 2014. [Photo/IC] |
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: 20100000002731 
