2019 Government Work Report: What the experts say
Share - WeChat

SOE reform

Hiring professional managers was written in the report for the first time, intended to improve corporate governance structures.
Li Jin, an expert on State-owned enterprise reform, told Securities Times the move shows corporate governance structures entering deep reform. Li added the difficulty in establishing a professional manager mechanism in SOEs is resolving identity-switching, positioning of management staff in these enterprises and ensuring long-running operations.
Meanwhile, Li expected mixed-ownership reform in SOEs to evolve into larger and deeper areas, where emphasis is moving to "reform" from "mixed-ownership", bringing dividends into capital markets.
- Typhoon Matmo to make landfall on Sunday
- Mid-Autumn Festival event promotes cross-Strait harmony in Fuzhou
- Vibrant China during holiday: 'China Travel' thrives
- China's National Day box office surpasses 1.1-billion-yuan mark
- Huizhou-style mooncakes carry forward time-honored tradition in Anhui
- Book published to highlight Chinese scientists' role in World Anti-Fascist War