Sasac chairman Xiao Yaqing described China’s state-owned enterprises as “self-operated, self-financed, self-sustained, self-disciplined and self-developed”. Photo: Bloomberg

China says state-owned enterprises are ‘independent market players’

  • State assets oversight agency denies any ‘systematic arrangement for extra subsidies’ for firms controlled by central government
  • Sasac chief Xiao Yaqing also calls for more cooperation with foreign firms
Topic |   Two Sessions 2019 (Lianghui)

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Sasac chairman Xiao Yaqing described China’s state-owned enterprises as “self-operated, self-financed, self-sustained, self-disciplined and self-developed”. Photo: Bloomberg
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