-
Advertisement

State-run firms told of rural example

Reading Time:1 minute
Why you can trust SCMP

A SENIOR party leader has called on state-owned firms to learn from the experience of rural enterprises, to enhance their operations.

Politburo Standing Committee member, Mr Qiao Shi, made the remarks after visiting some enterprises during a tour of the Pearl River Delta region, including Guangzhou, Dongguan, Zhongshan, Shunde and Nanhai.

The New China News Agency quoted Mr Qiao as saying some operating mechanisms of rural enterprises could be adopted by state-owned firms, most of which were running in the red.

Advertisement

This would facilitate reforms of state-owned enterprises, to enhance their efficiency and the quality of their products, he said.

In the long run, Mr Qiao said, the reforms would enable the state-owned enterprises to increase their competitiveness in markets.

Advertisement

Mr Qiao, the newly-elected chairman of the National People's Congress, urged cadres in Guangdong to offer their experience in the development of rural enterprises in the region to state-owned firms.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x