Party leadership over SOEs urged

Xi stresses need to make State-owned sector more competitive, influential

An important meeting chaired by Xi Jinping, general secretary of the Communist Party of China Central Committee, on Friday stressed the need to bolster the Party's leadership over State-owned enterprises and make the State-owned sector more competitive and influential.

The meeting of the Political Bureau of the CPC Central Committee also called for efforts to incorporate Party leadership into each part of corporate governance of SOEs and to unify Party leadership while improving corporate governance.