More reforms to enhance SOEs' effectiveness, grow new pioneers

A new round of reform will enhance the effectiveness of China's State-owned enterprises and accelerate the growth of pioneers in modern industrial chains this year, the country's top State-owned assets regulator said on Tuesday.

January 18, 2023

China's central SOEs saw steady revenue growth in 2022

The revenues of China's centrally administrated state-owned enterprises (SOEs) increased 8.3 percent year on year to 39.4 trillion yuan (5.86 trillion U.S. dollars) in 2022, the country's SOE regulator said Tuesday.

January 18, 2023