USEUROPEAFRICAASIA 中文雙語Fran?ais
    Business
    Home / Business / Macro

    China to create bigger, stronger State-owned firms

    By He Wei | China Daily | Updated: 2017-10-20 07:53

    China aims to create bigger and stronger State-owned enterprises that are capable of competing globally, while phasing out excessive capacity in bloated sectors, according to the country's State-assets regulator.

    Party delegates from central SOEs attending the 19th National Congress of the Communist Party of China vowed to make strides in scientific and technological innovation and continue other internal endeavors to enhance the scale and strength of the organizations.

    The pledges echoed remarks made by General Secretary Xi Jinping at the congress on Wednesday, calling for further SOE reform over the next five years to make them "stronger, better and larger".

    Guided by important remarks of Xi on SOEs, their scale and strength have remarkably expanded in the past five years, according to Hao Peng, Party secretary of the State-owned Assets Supervision and Administration Commission, the state assets regulator.

    Assets held by China's centrally-owned enterprises have reached 53 trillion yuan ($8 trillion) by September 2017, up 80 percent from five years ago, Hao said.

    Meanwhile, profits at central SOEs in the past five years totaled 6.4 trillion yuan, a more than 30 percent jump versus the previous five years.

    After gaining success in manned space flight, moon exploration, deep-sea detection, high-speed railway, among others, SOEs will step up efforts in world-leading and market-setting technologies to scale up their core competitiveness and bring related industries to develop at the high end of the industrial value chain.

    "This year, the success of the Tianzhou-1 mission, the launch of a home-made air-craft carrier, and the maiden flight of a home-made large passenger jet demonstrate the strength, key role and great importance of Chinese SOEs," Hao said.

    For instance, China Aerospace Science and Industry Corp, one of the nation's major space contractors, will employ its industrial internet expertise to boost intelligent manufacturing in the country, by using big data, artificial intelligence and cloud computing technologies, said its chairman Gao Hongwei.

    Besides, SOEs will continue to push ahead with the establishment of a modern corporate system, by improving corporate governance structure and the efficiency of capital operation, said Xiao Yaqing, head of the SASAC.

    Mixed ownership reform, another key measure to rejuvenate state assets with private capital, will be carried out in batches, Xiao noted. So far 68.9 percent of central SOEs have adopted mixed ownership, with some companies conducting employee stock ownership pilot programs in their third-tier subsidiaries.

    "Meanwhile, we will spare no efforts in resolving excess production capacity and dispose of 'zombie enterprises', which operate with extreme difficulty," he said.

    For instance, central government-owned companies have also cut steel capacity by more than 16 million metric tons and coal capacity by 55.1 million tons by the end of August.

    Most Viewed in 24 Hours
    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
     
    无码丰满少妇2在线观看| 精品国产v无码大片在线观看| 亚洲av无码av制服另类专区| 无码人妻一区二区三区免费视频 | 中文字幕乱码人妻无码久久 | 久久亚洲2019中文字幕| 办公室丝袜激情无码播放| 最近中文字幕完整在线看一| 国产又爽又黄无码无遮挡在线观看 | 无码人妻精品中文字幕免费东京热| 国产午夜无码专区喷水| 中文字幕无码人妻AAA片| 天堂…中文在线最新版在线| 2019亚洲午夜无码天堂| 在线a亚洲v天堂网2019无码| 日韩中文字幕一区| 在线观看免费无码视频| 久久男人Av资源网站无码软件| 亚洲一日韩欧美中文字幕欧美日韩在线精品一区二 | 亚洲毛片av日韩av无码| 无码人妻精品一区二区三区东京热 | 中文字幕丰满乱孑伦无码专区 | 久久久人妻精品无码一区| 自拍偷在线精品自拍偷无码专区| 亚洲精品无码日韩国产不卡?V| 精品无码人妻夜人多侵犯18| 国产成人无码AⅤ片在线观看| 线中文在线资源 官网| 人妻丰满av无码中文字幕| 日韩成人无码中文字幕| 中文成人无码精品久久久不卡| 91久久九九无码成人网站| 免费无遮挡无码永久视频| 亚洲精品无码久久久久去q | 一区二区三区人妻无码 | 亚洲欧美日韩在线不卡中文| 中文字幕一二区| 中文字幕视频免费| 日本中文字幕在线不卡高清| 欧美日韩v中文字幕| 日韩久久久久久中文人妻|