Mixed reforms at SOEs to get impetus
By Zhong Nan and Ren Xiaojin | China Daily | Updated: 2018-01-17 07:56
China will accelerate mixed-ownership reforms at its centrally administered, State-owned enterprises through equity diversification and corporate governance changes, the country's State asset regulator said on Tuesday.
The government is expecting these changes to not only introduce private investors, but also to improve their efficiency and competitiveness.
Supported by the various specialized capital operation platforms established by the government, banks and private capital, the country will intensify resource integration in areas like manufacturing, power, telecommunication, chemicals, coal, steel, offshore engineering and environmental protection in 2018.
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