BEIJING, March 13 (Xinhua) -- China will further quicken the pilot reform of its state-owned capital investing and operating companies in 2019, reported Xinhua-run Economic Information Daily on Wednesday.
According to the Economic Information Daily, as a key part of China's state-owned enterprise (SOE) reform, a plan is expected to be issued soon to reform the authorized management system of state-owned capital.
The reform will focus on pilot state-owned capital investment companies, fostering them to give full play to their role of professional market-oriented operation platforms, so as to push forward the reform of their management and operation systems.
It is reported that so far a total of 21 centrally administered state-owned enterprises (SOEs) and 122 local SOEs have been chosen as the pilot state-owned capital investment and operation enterprises, which have explored reform in fields such as authorized management, organization structure and operation mechanism.
Many insiders believe that capital management with state-owned capital investing and operating companies as major platforms will become the theme and driver of China's SOE reform for a long time to come. (Edited by Gu Shanshan)
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