Weng Jieming News Today

BEIJING, June 5 (Xinhua) -- The State Council, China cabinet, on Monday announced the appointment and removal of officials. Liu Jian was appointed vice presiden

The head of Chinas State-owned Assets Supervision and Administration Commission of the State Council (SASAC), which oversees giant state-owned enterprises (SOEs), vowed on Thursday that it will strive for faster growth in the profits of centrally administered SOEs and take the lead in promoting an overall improvement in economic activity.

Markets will rebound ‘faster than most people expect’ says HKEX CEO, as former Australian prime minister Kevin Rudd strikes a more cautious tone given geopolitical headwinds.

The former prime minister said he planned to ‘flip up to Beijing’ before becoming Australia’s ambassador to the United States in March.

China International Water & Electric Corp (CWE), a subsidiary of China Three Gorges Corp, has been transferred in its entirety to China Communications Construction Co (CCCC). The move involving resource integration will bolster the core competitiveness of Chinas centrally administered state-owned enterprises (SOEs), a senior official said.

Sinosteel, China Baowu restructuring vital to steel industry: official-

BEIJING, Dec. 23 (Xinhua) -- The strategic restructuring of Sinosteel Group Corporation Limited and China Baowu Steel Group Corporation is of great significance

News Analysis Beijing’s consolidation of state-owned enterprises is picking up speed in its final stages. Experts say that ...

China's plans to establish new business groups and build an industrial ecosystem among its centrally administered State-owned enterprises will foster high-quality growth and diversify approaches to cooperation, analysts said on Tuesday.

The Chinese Communist Party (CCP) announced to "consolidate and develop" the public sector economy at its 20th National ...