USEUROPEAFRICAASIA 中文双语Français
Home / Top News

SOEs required to lower debt ratios

By Wang Yanfei | China Daily | Updated: 2018-09-14 07:33

The central government is requiring all State-owned enterprises to lower their average ratio of liabilities to assets by 2 percentage points by 2020 from 2017 levels, underscoring its commitment to promoting deleveraging to fend off financial risk.

An asset-liability constraint mechanism will be built for SOEs to strengthen supervision over their deleveraging moves, under a guideline issued on Thursday by the State Council.

Policymakers will establish "red lines" to notify enterprises in key sectors of alarming debt levels, the guideline said.

SOEs required to lower debt ratios

Today's Top News

Editor's picks

Most Viewed

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US