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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. ....