In an opinion piece in the official People’s Daily on Thursday, Renmin University professor Zhou Xincheng attacked suggestions that state-owned enterprises should be privatised, calling on the authorities to make SOEs “bigger and stronger”.
Last week, the central government offered intensive instructions on state-owned enterprises (SOEs) reform, including laying out the tasks and ways of reform and detailed timetable. It has paved the way for further accelerating the reform. Relevant instructions and arrangements recently have also been reiterated in the ten sorts of pilot reforms.
Profits jumped dramatically last year for Jintong Rubber Company, a subsidiary of Yankuang Group in east China's Shandong Province, only after a change in ownership.
Profits jumped dramatically last year for Jintong Rubber Company, a subsidiary of Yankuang Group in east China's Shandong Province, only after a change in ownership.
The data released by the National Bureau of Statistics (NBS) on Sept. 28 showed that state-owned holding enterprises realized a total profit of 756.42 billion yuan for the first eight months of this year, down by 24.7 percent year on year. Meanwhile, profit growth rate of state-owned enterprises (SOEs) was lower than any other types of enterprises again, making the SOEs record negative growth. it also has certain impact on the economic growth goal of this year.
While China's new state-owned enterprise (SOE) reform guideline provides little detail and did not impress the market much, there are some positive messages that have been overlooked, according to a report released by UBS. China issued a guideline to deepen SOE reforms in mid-September.
China's central authorities on Sunday issued a guideline to strengthen the leadership and supervision of the Communist Party of China (CPC) over its state-owned enterprises (SOEs).
Enhancing CPC supervision within state-owned enterprises (SOEs) is crucial to preventing loss of state assets and improving corporate governance, according to a state think tank researcher on Tuesday.
China's central authorities on Sunday issued a guideline to deepen reforms of state-owned enterprises (SOEs), the latest move from the government to invigorate torpid SOEs.
China will intensify anti-graft work targeting the country's major state-owned enterprises (SOEs) with the first round of disciplinary inspection in 2015 covering 26 centrally-administered SOEs.
The first round of disciplinary inspection in 2015 will cover 26 centrally-administered state-owned enterprises (SOEs), China's chief graft-buster said on Wednesday.
Apparent probes into executives at two Chinese banks have been interpreted as a sign that China's anti-corruption drive is broadening, exerting pressure on banks to clean up their acts.
The top anti-graft watchdog is to intensify its efforts to uncover corruption in State-owned enterprises.
China's state-owned enterprises saw profit growth slow in the first eight months of 2014 amid softening momentum in the broader economy, data released by the Ministry of Finance on Monday showed.
China on Monday reviewed a plan to reform the payment system for executives at state firms under direct central government control, the latest step by the government to reform the controversial income distribution system.
Vietnamese Prime Minister Nguyen Tan Dung has approved a list of state-owned enterprises ( SOEs) to undergo the process of equitising and restructuring in 2014-15 as a set plan to help secure confidence from foreign investors.
Vietnam has set to conclude equitization of 432 state-owned enterprises (SOEs) by 2015, said a government official.
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