BEIJING, Jan. 23 (Xinhua) -- Provinces with numerous state-owned enterprises (SOEs) have started to set priorities targeting the local SOE reform in the new year, successively, following China's central state-owned assets regulator which finalized its key tasks for the country's SOE reform in 2019.
For instance, to advance SOE reform, south China's Guangdong Province puts forward measures such as building a new pattern of regional development, quickening the development of new industries, business and modes, and promoting mixed ownership reform and supply-side structural reform of SOEs.
Data shows that the SOEs under Guangdong provincial government saw their assets total 1.69 trillion yuan in 2018, up 8.9 percent year on year, with their profits totaling about 33.27 billion yuan, up 6.8 percent year on year.
East China's Shandong Province stresses the implementation of new development ideas, vowing to carry out innovation-driven strategies, optimize the SOE structure, speed up the transformation and upgrading of SOEs and also foster their mixed ownership reform etc., so as to constantly improve SOEs' development quality and level.
Northeast China's Heilongjiang Province puts emphasis on the allocation and operation efficiency of state-owned assets, carrying out the largest strategic reorganization of SOEs by setting up seven industrial investment groups, in a bid to provide provincial-level industrial investment and financing tools. (Edited by Gu Shanshan)
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