24 June 2019

Shanghai to unveil SOE reform policies soon, paper says

The Shanghai Bureau of State-owned Assets Supervision and Administration Commission is expected to unveil on December 17 twenty new policies related to reform of local state-owned enterprises (SOEs), the Economic Observer reported Thursday, citing sources close to the authority. The sources noted that reforms are a must for Shanghai’s state firms to help them and overall local economy to grow further, especially given the opportunities stemming from the launch of the free-trade zone in the city, the report said.

– Contact HKEJ at [email protected]



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