News
5 central SOEs turned into state-owned capital investment companies
Seetao 2022-06-23 09:55
  • State-owned capital investment companies play the role of investment guidance and structural adjustment
Reading this article requires
3 Minute

Recently, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Notice on Matters Concerning the Reform of State-owned Capital Investment Companies". The "Notice" clarified that five companies, including China Baowu, SDIC, China Merchants Group, China Resources Group and China National Building Materials, were officially converted into state-owned capital investment. It is reported that after the above-mentioned enterprises are "regularized", their investment strategies will be more in line with national strategies and will be closer to strategic core businesses.

12 enterprises including Aviation Industry Corporation, State Power Investment Corporation, State Energy Corporation, SINOMACH, China Aluminum Corporation, China COSCO Shipping, COFCO Corporation, China Minmetals, General Technology Corporation, China Communications Corporation, Poly Group and China General Nuclear Power Corporation continued to deepen the pilot program. .

In the next step, the SASAC will guide and promote the steady implementation of comprehensive reforms by state-owned capital investment companies, accelerate the construction of world-class enterprises, and play a greater role in enhancing the competitiveness, innovation, control, influence and anti-risk capabilities of the state-owned economy.Editor/Ma Xue

Comment

Related articles

News

On the occasion of the 30-day countdown to the opening of 2025 CICEE

04-15

News

The Shantui DH20M bulldozer is a high-quality powerhouse of efficiency

04-11

News

Weichai Group held a promotion meeting for the strategic transformation of new energy

03-29

News

Count down to Bauma Munich 2025!

03-27

News

Cross border tourism between China and Vietnam continues to be hot

10-10

News

Over 4 million people have entered and exited the China Vietnam border at the estuary port

10-08

Collect
Comment
Share

Retrieve password

Get verification code
Sure