Sunday, November 1, 2020
Tags Chinese state-owned enterprises

Tag: Chinese state-owned enterprises

SASAC Calls for Strategic Investors to Take 5% + Stakes in China’s State-owned Enterprises

China's state-owned assets regulator is pushing for strategic investors to expand their equity stakes in the country's listed state-owned enterprises (SOE).

Beijing Set to Unveil New Mixed-ownership Reforms of China’s State-owned Enterprises Before November

The Chinese central government is on track to launch a raft of new policies to accelerate reforms for the mixed-ownership of state-owned...

SASAC Bans Speculation Using Financial Derivatives by Central State-owned Enterprises

China's State-owned Assets Supervision and Administration Commission (SASAC) has issued new rules governing the financial activities of state-owned enterprises (SOE).

China Construction Bank Enters Poverty Alleviation Agreements with Central State-owned Enterprises

One of China's big four state-owned banks has just executed a slew of agreements with central state-owned enterprises (SOE's) for cooperation in...

Mixed Ownership Reforms Bring Social Capital to Two Thirds of Central State-owned Enterprises

The State-owned Assets Supervision and Administration Commission (SASAC) has touted the progress of China's mixed-ownership reforms of its state-owned enterprise (SOE) sector....

Fourth Round of Mixed Ownership Reforms to Encompass 160 State-owned Enterprises, 2.5T Yuan in Assets

The fourth round of mixed-ownership reforms of China's state-owned enterprises (SOE) are set to involve at least 160 enterprises and more than...

Fourth Round of SOE Mixed-ownership Reforms to Encompass over 100 Companies

The next round of trial mixed-ownership reforms of Chinese state-owned enterprises (SOE) is expected to involve at least 100 companies according to...

China Launches 60 Billion Yuan”Double Hundred Fund” to Drive SOE Reform Program

The Chinese central government hopes to accelerate reform of its state-owned enterprise sector with the launch of a new "Double hundred Campaign"...

Central State-owned Enterprises Owed 111.6B Yuan in Late Payments to Private Businesses

The State-owned Assets Supervision and Administration Commission (SASAC) has announced the settlement of a sizeable share of payments owed in arrears by...

Central SOE’s See Record High Profits of 1.7T Yuan in 2018

China's central state-owned enterprises (SOE's) posted record profit levels in 2018 despite easing economic growth, as Beijing continues to drive mixed-ownership reforms....

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...