2010-11-26 10:34

CHENGDU - Chinese Vice Premier Zhang Dejiang has urged the nation's State-owned enterprises (SOEs) to deepen reform and take real steps to transform the economic development pattern.

"SOEs should push forward the process of mergers and acquisitions, and strengthen presence in some sectors while retreat from some others," Zhang said during his three-day visit to the southwestern Sichuan province which concluded Wednesday.

He urged enterprises to speed up development of strategically-important new industries, and promote self-innovation of key technologies to cultivate their own brands.

Outdated industrial capacity should be eliminated, he said.

Zhang inspected major State-owned steel, non-ferrous, airplane and auto producers in Sichuan, which was hit by an 8.7-magnitude earthquake in 2008.

He said local SOEs have made great achievements in reforming themselves since the quake happened, and urged better and faster development.