Over 90 pct of China's SOE reform three-year action plan completed

2022-05-07 16:38:57Xinhua Editor : Li Yan ECNS App Download

China has completed over 90 percent of the major tasks of a three-year action plan to reform local state-owned enterprises (SOEs), according to a meeting Saturday.

The 2020-2022 action plan, which builds on decades of efforts to transform SOEs into competitive, modern enterprises, has led to all-out efforts by localities and numerous breakthroughs, according to a meeting held by the Leading Group for State-owned Enterprises Reform under the State Council.

The corporate-governance reform of SOEs has essentially wrapped up, and the SOEs are practically no longer required to perform social functions, the meeting said.

Meanwhile, breakthroughs have been made in key areas including optimizing the modern enterprise system and the market-oriented operation mechanism, it said. 


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]