IN BRIEF (Page 15)

SASAC focuses on added-value

China's State-owned companies, which boast high sales and substantial assets, may no longer be deemed "successful" under new government performance criteria.

Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), has announced that the commission will focus on the economic value added (EVA) measure to assess the performance of the 129 State-owned enterprises affiliated to the central government.