Debt risks of central SOEs under control

Steps introduced for prudent asset investment bearing fruit, says SASAC

Debt risks at China's centrally administered State-owned enterprises are under control as the government has taken various measures to reduce the debt ratio, the State assets regulator said on Friday.

By the end of November, the average debt-to-asset ratio of China's central SOEs dropped to 66.4 percent, 0.3 percentage point lower than the beginning of this year, the State-owned Asset Supervision and Administration Commission said.