|
BIZCHINA> Center
![]() |
|
Related
Commission to inject capital to quake-hit State firms
(Xinhua)
Updated: 2008-07-07 09:59 The State-owned enterprises (SOEs) which suffered heavy losses from the magnitude 8.0 earthquake in May in southwest China would receive capital injection from the government. The State-owned Assets Supervision and Administration Commission (SASAC) would use State assets budget to support reconstruction of these enterprises, Liu Nanchang, deputy director general of the bureau of performance assessment of SASAC, told Xinhua. The commission would also organize mutual support between SOEs and tune down the performance targets set for some state firms after evaluating quake losses, said Liu. Aggregate quake losses in China's centrally-administered State-owned enterprises (SOEs) have surpassed 80 billion yuan ($11.4 billion), more than double the preliminary estimate of 30 billion yuan, said the SASAC. China currently has 150 central SOEs directly under the control of the SASAC, with a total assets of 14.6 trillion yuan by November of 2007. (For more biz stories, please visit Industries)
|
东兴市| 藁城市| 林口县| 卢龙县| 邹平县| 阳谷县| 凤台县| 景洪市| 江都市| 财经| 溧水县| 太保市| 嘉祥县| 汕尾市| 米易县| 佛学| 汝阳县| 鄂托克前旗| 华蓥市| 临安市| 乐业县| 乐东| 黄龙县| 会理县| 潞城市| 平遥县| 呼和浩特市| 康平县| 墨江| 颍上县| 浮梁县| 潜山县| 通山县| 奉新县| 汶川县| 永州市| 常山县| 镇原县| 洪湖市| 年辖:市辖区| 上饶县|