China to boost reforms for state-owned enterprises


A China Railway employee checks Fuxing high-speed trains at a service yard in Jinan, Shandong province, in April. - Xinhua

BEIJING (China Daily/ANN): China plans to complete more than 70 per cent of the tasks of its three-year (2020-22) action plan by the end of this year, further pushing forward the mixed-ownership reform and reorganisation process in its State-owned enterprises, a senior government official said on Tuesday (Jan 19).

The government will improve the market-oriented operational mechanism and promote contractual management systems for executives at all levels of SOEs this year, said Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission of the State Council.

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China , state-owned enterprises , reforms

   

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