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.
By WANG YING in Shanghai | China Daily | Updated: 2021-01-06 09:17 Share CLOSE A cruise ship sets out for a journey in Zhoushan, Zhejiang province, in 2017. [Photo by Yao Feng/For China Daily]
Cruise firms from China are optimistic on long-term prospects, sustainability of the industry and are confident about continued investments in the sector, according to a senior executive of China State Shipbuilding Corp s cruise unit.
Signs that the industry is getting back on track became evident after the
Nanhai Dream, a domestic cruise ship, started services from Sanya, Hainan province, in December, the State-owned Assets Supervision and Administration Commission of the State Council said in a notice on its official website.
https://www.afinalwarning.com/482958.html (Natural News) Concerns have been raised regarding the performance of Dominion Voting System machines in the 2020 election. These concerns have led people to speculate that the company may be owned by foreign entities that acted as indirect investors to Dominion.
One company, in particular, has been at the center of election fraud claims concerning Dominion: Staple Street Capital Group LLC, a private equity firm based in New York that acquired Dominion Voting Systems Corporation in 2018.
Back in October of this year, Staple Street Capital was able to raise $400 million from investors for its third fund thanks to UBS Securities LLC, a New York-based subsidiary of UBS, a Swiss bank. Initially, nobody believed that there was anything out of the ordinary with these financial transactions – that is, until the recent election. (Related: Election was stolen using “Automated Test Decks” of pre-filled Biden ballot stacks that were fed in
The move follows an order from the Trump administration, which says the companies are tied to China’s military. But they don’t need Wall Street as much as they once did.
The New York Stock Exchange said it would delist China’s three big state-run telecommunications companies following an executive order from the Trump administration, in a symbolic severing of longstanding ties between the Chinese business world and Wall Street. The exchange said in a statement late Thursday that it would halt trading in shares of China Mobile, China Unicom and China Telecom by January 11. It cited an executive order issued in November by the Trump administration that barred Americans from investing in companies with ties to the Chinese military. The US Department of Defense had previously listed the three companies as having significant connections to Chinese military and security forces. The companies’ Hong Kong offices did not immediately respond to requests for comment on Friday. The move is likely to have little impact on China’s military or security ambitions, which are generously funded by Beijing, or on the companies themselves, which can raise mone