State capital optimization gets impetus By ZHONG NAN | China Daily | Updated: 2021-02-24 08:56 Share
Role-model companies set to foster country s high-quality growth efforts
China will accelerate the optimization of State capital and industrial restructuring during the 14th Five-Year Plan period (2021-25) and create role-model companies to foster high-quality growth, senior government officials said on Tuesday.
The government will promote the strategic reorganization and professional integration of centrally administered State-owned enterprises and divest their noncore, nonadvantageous and noncompetitive businesses during this period, said Hao Peng, chairman of the State-owned Assets Supervision and Administration Commission of the State Council. This will help deal with ineffective and low-performing assets, and speed up the digital and smart upgrading of China s SOEs, he said, adding the government will focus on strategic sec
State capital optimization gets impetus
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State capital optimization gets impetus
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
State capital optimization gets impetus
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.