综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

SOEs told to press on with reform

By Xin Zhiming (China Daily)
Updated: 2007-01-06 09:01

The head of China's State assets administrator has urged its firms to carry out further strategic restructuring and improve corporate governance to sharpen their competitive edge.

"The industrial distribution of (central enterprises) remains irrational," said Li Rongrong, chairman of the State-owned Assets Supervision and Administration Commission (SASAC).

State-owned enterprises (SOEs) are too scattered across different industries and their scale is yet to reach its potential, Li told the heads of major State-owned firms under the direct control of the SASAC at a meeting in Beijing on Friday.

Many SOEs are yet to form a clear vision of what they should concentrate on as their core business, he added.

The number of SOEs under SASAC control was 196 in 2004. Now it is 159, and that figure is expected to be reduced to between 80 and 100 by 2010.

China will concentrate its State capital on key industries to sharpen its competitiveness in the face of intensified rivalry from foreign multinationals.

To that end it is accelerating the shareholding reform of SOEs to build up modern corporate governance. "Corporate reform still lags behind and some major enterprises have not established a sound board of directors," said Li. "The task of establishing modern corporate governance is very challenging."

Key firms under SASAC control achieved robust growth in the past three years, the first set term in which the performance of the managers of SASAC-controlled firms was assessed.

Revenue from the core business of these SOEs rose by 78.8 per cent between 2004 and 2006. Profits grew by 140 percent in the same period, with an annual average growth of 33.8 percent.

Li said he was satisfied with the figures, but that it was more important that the quality of the enterprises improved.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
龙陵县| 夏津县| 吴旗县| 利川市| 瑞昌市| 枣庄市| 新泰市| 莱州市| 西丰县| 石渠县| 辉南县| 平乐县| 乌审旗| 四会市| 永昌县| 汤阴县| 浦北县| 平湖市| 灯塔市| 慈溪市| 甘谷县| 博爱县| 铜陵市| 扎赉特旗| 肇州县| 湾仔区| 开封市| 石泉县| 三门县| 凤凰县| 齐齐哈尔市| 长沙市| 阿拉善盟| 岳阳县| 通渭县| 交城县| 冷水江市| 淳安县| 门头沟区| 江华| 宜丰县|