Regulatory fillip to protect value of State enterprises' overseas assets

Stated-owned assets abroad will receive more attention from now on as their top regulator is enhancing metrics to govern and supervise them.

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission, or SASAC, said deepening reforms necessitate greater supervision and management of State-owned enterprises or SOEs.

"After introducing the Measures of the Supervision and Administration of Overseas Investments by SOEs, the commission will further improve the system and enhance the supervision to prevent erosion of value of State-owned assets."