ChinaUnicom,oneofthethreebigstate-ownedtelecommunicationoperatorsinChina,hasexpandeditsboardto13membersfromsevenmembers,andintroducedfournon-independentdirector
TheGuodianGroupandShenhuaGroup,twoleadingstate-ownedpowerandenergycompanies,havemergedintoanewcompanycalledChinaEnergyInvestmentCorporationadministratedbytheSta
SaudiArabiahasagreedtobuyRussianS-400surface-to-airmissilesystems,Saudi-ownedal-ArabiyatelevisionreportedonThursday.ThereportcameduringavisitbySaudiKingSalmanto
China'scropofstate-ownedenterprises(SOEs)willslimtojust99asthegovernmentlookstoincreasetheirefficiencyandprofitability,whilebolsteringcompetitiononaglobalstage.
China's government auditor said that 18 of 20 audited state-owned enterprises (SOEs) have inflated revenue by 200 billion yuan (29 billion US dollars) and profits by 20.3 billion yuan (3 billion US dollars) in recent years.
China'sgovernmentauditorsaidthat18of20auditedstate-ownedenterprises(SOEs)haveinflatedrevenueby200billionyuan(29billionUSdollars)andprofitsby20.3billionyuan(3bil
Australia blocked the sale of a major power grid company to Chinese interests in part over concerns that China, its biggest trading partner, is becoming a geo-political threat, a senior member of Australia’s government said.
China set a timetable on Wednesday to reform government car use in state-owned public institutions and enterprises to reduce fiscal expenses.
The latest round of state-owned enterprise reform measures, announced on Sunday, are a fresh signal of China's commitment to structural transformation.
Jiang Jiemin, former head of the State-owned Assets Supervision and Administration Commission, went on trial Monday for corruption, a local court said.
China has allowed private hospitals solely owned by foreign investors to open in seven cities and provinces, the Ministry of Commerce (MOC) announced on Wednesday.
Six big state-owned enterprises (SOEs) will pilot reforms in ownership, management and supervision, Chinese authorities announced on Tuesday.
Huang Baodong, a senior executive of a state-owned power-related corporation, has been expelled from the Communist Party of China (CPC) and public office for "serious disciplinary and legal violations."
The China Securities Journal on Tuesday gave a glowing review to China's newly announced state-owned enterprise (SOE) reforms, with experts reinforcing how the measures eye reorganization and the involvement of more private capital.
Wenzhou, a manufacturing hub in east China's Zhejiang Province, has applied to the State Council to begin piloting private banks, the China Securities Journal reported on Thursday.
A Russian Proton-M rocket carrying a European-owned telecommunication satellite blasted off Monday from the Baikonur space center in Kazakhstan, the rocket's operator said.
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