The plan will tighten how the performances of state firms, often referred to as SOEs, are evaluated, and also seek “new breakthroughs” in introducing more strategic private-sector investors, Hao Peng, head of the country’s state assets manager, was cited in the China Securities Journal as saying.
BEIJING: China’s policy makers will unveil a three-year action plan in early 2020 on the reform of state enterprises (SOEs), with an aim to improve the performance of the sector and create world class champions, according to state-owned newspapers.
The plan will tighten how the performances of state firms, often referred to as SOEs, are evaluated, and also seek “new breakthroughs” in introducing more strategic private-sector investors, Hao Peng, head of the country’s state assets manager, was cited in the China Securities Journal as saying.
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