Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China deepens SOE reforms, involving more market players

May 16, 2023


Abstract : Two special campaigns related to the reform of China's state-owned enterprises (SOEs) have expanded to involve more market players, according to the State-owned Assets Supervision and Administration Commission of the State Council on Monday.

Workers perform production tasks at Harbin Turbine Company Limited of Harbin Electric Corporation in Harbin, capital of northeast China's Heilongjiang Province, April 10, 2023.  (Xinhua/Wang Jianwei)

BEIJING, May 15 (Xinhua) -- Two special campaigns related to the reform of China's state-owned enterprises (SOEs) have expanded to involve more market players, according to the State-owned Assets Supervision and Administration Commission of the State Council on Monday.

In 2020, one of these campaigns was launched to support and guide state-owned science and technology enterprises to make new breakthroughs in market-oriented reform, and to improve their capacity for independent innovation.

The other campaign was launched in 2018, selecting over 100 subsidiaries of central SOEs and over 100 key local SOEs to explore and innovate in comprehensive reform.

There are 672 state-owned science and technology enterprises involved, as well as 580 subsidiaries of central and local SOEs.

The demonstrative and leading roles of special reform projects will be utilized further, the commission said.

Scan the QR code and push it to your mobile phone

Keyword: SOEs reform

Reading:

Chinese baijiu producer Wuliangye accelerates building world-class Chinese brand

Beijing-Tianjin-Hebei region forms new growth driver through coordinated development

China's private entrepreneurs confident in achieving high-quality development

China holds summit to boost digital development

China Focus: China's digital economy a new growth engine to drive modernization

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial