21 August 2019

Shanghai to reveal grand plan for SOE overhaul, paper says

Shanghai will unveil a new round of reforms for municipal state-owned enterprises in early December, with the focus on independent supervision, encouraging growth and restructuring, the Shanghai Securities News reported Tuesday. The Shanghai authorities will set up a management platform to streamline state-owned resources, help selected companies list and restructure non-listed firms, the report said.

– Contact HKEJ at [email protected]


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