17 January 2019

Local governments speed up SOE reform, paper says

Several provinces, including Jiangxi, Guizhou, Hainan, Hebei, Fujian and Guangdong, have tabled plans for the reform of state-owned assets and have identified state-owned enterprises (SOEs) for such pilot schemes, the China Securities Journal reported Friday. The local administrations are pushing for a more diversified shareholding structure among SOEs, and to channel social capital into these companies in order to raise operating efficiency, the report said.

– Contact HKEJ at [email protected]



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