SOE reforms, revamp receive fresh impetus
By ZHONG NAN |
CHINA DAILY |
Updated: 2021-01-20 08:59
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A China Railway employee checks Fuxing high-speed trains at a service yard in Jinan, Shandong province, in April. [Photo/Xinhua]
Govt to push contractual management system for executives at all levels
China plans to complete more than 70 percent of the tasks of its three-year (2020-22) action plan by the end of this year, further pushing forward the mixed-ownership reform and reorganization process in its State-owned enterprises, a senior government official said on Tuesday.
The government will improve the market-oriented operational mechanism and promote contractual management systems for executives at all levels of SOEs this year, said Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission of the State Council.