Saturday, April 17, 2021
Tags Chinese state-owned enterprise

Tag: Chinese state-owned enterprise

China Establishes $30 Billion Fund for State-owned Enterprise Mixed-ownership Reforms

China has just seen the launch of a new fund in Shanghai to support state-owned enterprise (SOE) mixed-ownership reforms.

Ctrip Obtains Payments License via Acquisition of State-owned Propaganda Firm in Shanghai

Online travel booker Trip.com Group Limited (formerly Ctrip.com) has just obtained full ownership of a fintech vehicle previously held by the propaganda...

Utilisation Rate of Central State-owned Enterprise Subsidiaries Exceeds 80% During Coronavirus Containment

China's state-owned enterprises are pushing for the resumption of work and production amidst efforts to contain the spread of the novel coronavirus....

State Media Outlines Eight Key Missions for State-owned Enterprise Reforms in 2020

The state-operated Economic Information Daily has highlighted eight key missions in 2020 for China's ongoing reform of its state-owned enterprise (SOE) sector....

11 Central State-owned Enterprises Select for Reform of State-owned Asset Investment Companies

Beijing has selected 11 central state-owned enterprises (SOE's) to implement "upgrade" reforms of state-owned asset investment companies. According to a report from Economic Information Daily trials...

State-owned Assets Regulator Signals Fourth Round of Mixed-ownership Reforms

Recent actions on the part of the state-owned assets regulator have been interpreted by China's official media as signalling the launch of a fourth...

Mixed-ownership Reforms of State-owned Enterprises to Increase in Vigour and Depth: SASAC

Beijing has signalled that ongoing mixed-ownership reforms of China's state-owned enterprises are on track to increase in intensity. Weng Jieming (翁杰明), vice-chair of the State-owned...

Let China’s State-owned Enterprises Become Independent Market Actors: SASAC

China's State-owned Assets Supervisory and Administrative Commission (SASAC) claims that the government is impartial in its treatment of the country's immense state-owned enterprise sector,...

Beijing Stresses Market Value Management for State-owned Enterprises

The Chinese central government has emphasised the need for market value management of listed state-owned enterprises (SOE's) in the wake of far-reaching mixed-ownership reforms. A...

State-owned Enterprises Post 16.7% YoY Rise in Total Profits for First Quarter

The latest official data from the Ministry of Finance points to accelerating profit growth at China's state-owned enterprises in the first quarter of 2018. Figures...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...