Shanghai underlines efficiency, quality at SOEs By SHI JING in Shanghai | China Daily | Updated: 2021-01-08 09:22 Share Shanghai s city view. [Photo/IC]
As State-owned enterprises reform deepens, efficiency is going to be critical to quality, said Shanghai s top officials at a news conference on Thursday.
China s Central Committee for Deepening Overall Reform had reviewed and approved the three-year (2020-22) action plan for SOEs in late June. On Dec 10, Shanghai s municipal government released its own plan for local SOEs.
Reform for mixed ownership will be integral to improving SOEs efficiency, said Dong Qin, deputy Party secretary of the State-owned Assets Supervision and Administration Commission of Shanghai Municipality.
As State-owned enterprises reform deepens, efficiency is going to be critical to quality, said Shanghai s top officials at a news conference on Thursday.
China s Central Committee for Deepening Overall Reform had reviewed and approved the three-year (2020-22) action plan for SOEs in late June. On Dec 10, Shanghai s municipal government released its own plan for local SOEs.
Reform for mixed ownership will be integral to improving SOEs efficiency, said Dong Qin, deputy Party secretary of the State-owned Assets Supervision and Administration Commission of Shanghai Municipality.
Public SOEs in which State-owned shareholders have a higher stake are encouraged to introduce strategic investors as key active shareholders, so that the latter can take part in corporate governance.