Date
20 November 2017

Change under way for Guangdong-owned assets, website reports

The Guangdong bureau of the State-owned Assets Supervision and Administration Commission (SASAC) has started overhauling trading, tourism and hotel assets owned by the province, and details of wider changes will be rolled out in the first half, caixin.com reported Friday. Guangdong SASAC director Lu Yesheng was quoted as a saying that a key direction of the reforms will be to encourage cross share ownership between state-owned enterprises, private companies and foreign firms.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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