China to push forward on central SOE reform
Share - WeChat
China will continue to push forward strategic reorganization and mixed ownership reform of central SOEs this year, said the head of the country's SOE regulator on Saturday.
"The strategic reorganization will first focus on reorganization at the group level. It also will focus on specialization-oriented reorganization because currently many SOEs' specialties overlap with each other and have low efficiency," said Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission, at a press conference.
"We also will pay attention to SOEs that have been reorganized and hope to see the reorganization bear greater fruits, because of not only physical reaction but also chemical reaction," Xiao added.
Related Stories
- Memorial ceremony remembers victims of Nanjing Massacre
- Louvre's largest showcase in China goes on display at Museum of Art Pudong in Shanghai
- Indonesian foundation to fund students, school administrators to exchange and study in Tianjin
- Archives detailing crimes of Japanese unit released
- 'Reservoirs of primordial water' may be buried deep within Earth
- China remembers victims of Nanjing Massacre, 88 years on
































