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Big projects abroad progress on SOE push--China Economic Net

Reliable supply chains of Chinese firms and strong preventive moves boost recovery
China s centrally administered State-owned enterprises have either completed or made breakthroughs in a number of big-ticket projects in overseas markets in the fourth quarter of this year, thanks to their reliable supply chains and partner countries better-than-expected performance in containing the COVID-19 pandemic and boosting the local economy, according to the country s State-asset regulator.
Supported by China s early recovery from the pandemic, central SOEs have become a vital force in many countries fight against the pandemic.
SOEs have helped them to restore their growth power by adding investment in both the infrastructure and services sectors, said Ren Hongbin, vice-chairman of the State-owned Assets Supervision and Administration Commission of the State Council. ....

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Big projects abroad progress on SOE push

Big projects abroad progress on SOE push
By ZHONG NAN |
China Daily |
Updated: 2020-12-11 09:07
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A worker observes construction at a harbor in Colombo, Sri Lanka, commissioned by China Harbour Engineering Co Ltd on Dec 1. [Photo/XINHUA]
Reliable supply chains of Chinese firms and strong preventive moves boost recovery
China s centrally administered State-owned enterprises have either completed or made breakthroughs in a number of big-ticket projects in overseas markets in the fourth quarter of this year, thanks to their reliable supply chains and partner countries better-than-expected performance in containing the COVID-19 pandemic and boosting the local economy, according to the country s State-asset regulator. ....

Distrito De Cabinda , United Arab Emirates , Jakarta Raya , Jawa Barat , Sri Lanka , Abu Dhabi , Wang Wenzhong , Lin Yichong , Bulim Square , Wei Xiaoquan , Ren Hongbin , China Harbour Engineering Co Ltd , Administration Commission Of The State Council , China Railway Construction Corp International Ltd , China State Construction Engineering Corp , China Railway Construction Corp Ltd , China National Nuclear Corp , China Harbour Engineering Co Ltd On Dec , University Of International Business , China Communications Construction Co Ltd , State Owned Assets Supervision , Administration Commission , Road Initiative , State Construction Engineering Corp , Khalifa Port , Hualong One ,