BEIJING, Nov. 28 (Xinhua) -- North China's Shanxi Province announced 108 mixed-ownership reform projects with a net value exceeding 34 billion yuan (about 4.89 billion U.S. dollars), at a press conference held Monday by the province's State-owned Assets Supervision and Administration Commission.
Five large state-owned enterprises (SOE) are selected to carry out comprehensive shareholding system reform and introduce strategic investors and financial investors, which include Taiyuan Heavy Machinery Group Co., Ltd. (TZ), Shanxi Culture and Tourism Group and Shanxi Construction Investment Group.
In terms of industry distribution, there are 6 equipment manufacturing projects, 6 electricity power projects, 7 new material projects, 5 new energy projects, 18 coal projects, 6 modern industrial projects, and 55 projects in culture, health, water supply and environmental protection.
Fenjiu Group, famous alcohol brandin Shanxi, is also included in the program, while other provincial SOEs, especially coal enterprises, are encouraged by the provincial authority to actively introduce strategic investors. (Edited by Li Wenxin, Yang Qi, liwenxin@xinhua.org)
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