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China's central SOEs urged to increase profitability, deepen reform
China's top state-asset regulator has urged the country's centrally-administered state-owned enterprises (SOEs) to increase profitability and deepen reform.
China's SOEs help ease company burden by cutting fees of 120 bln yuan in H1
China's centrally-administered state-owned enterprises (SOEs) have cut prices and fees in the first half of the year, thus helping ease operational cost for the virus-hit economy by over 120 billion yuan (about 17.14 billion U.S. dollars), according to the country's state-asset regulator.
State-owned enterprises in Tianjin 2020 to invest RMB76.9 bln to boost economic dev.
A total of 2,138 investment projects are planned in the year by state-owned enterprises in north China's Tianjin Municipality, involving an investment of 76.902 billion yuan, reported Tianjin Daily Wednesday.
Central SOEs to invest heavily in virus-hit Hubei
Thirty-four Chinese centrally-administered state-owned enterprises (SOEs) inked 72 investment deals with the virus-hit Hubei Province earlier this week, according to the state-owned Assets Supervision and Administration Commission (SASAC) of the State Council.
China moves to optimize state assets supervision
China's top state assets regulator said Wednesday that the country will strengthen state assets supervision with priority on capital management.
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