SCIO briefing on Chinese central SOEs' economic operation in 2020

SCIO briefing on Chinese central SOEs' economic operation in 2020
Beijing | 10 a.m. Jan. 19, 2021

The State Council Information Office (SCIO) held a press conference in Beijing on Tuesday about the economic operation of China's centrally-administered state-owned enterprises (SOEs) in 2020.

Speaker

Peng Huagang, secretary general and spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council

Chairperson

Shou Xiaoli, deputy head of the Press Bureau of the State Council Information Office

Highlights

China continues to cut debt-to-asset ratio of central SOEs

Official: No major B&R projects suspended amid COVID-19

Profits of China's central SOEs grow 2.1% in 2020
SOE reforms, revamp receive fresh impetus
China's central SOEs report rising profits in 2020 amid reforms
Debt-asset ratio of China's central SOEs falls in 2020