Last month China’s Vice Premier Liu said China will make the state economy ‘stronger, better and bigger’. Photo: AFP
Last month China’s Vice Premier Liu said China will make the state economy ‘stronger, better and bigger’. Photo: AFP
China economy
Economy /  China Economy

China’s SOEs set for year of innovation reform in 2020, Sasac says

  • Sector to focus on developing advanced manufacturing industries next year, aiming to establish state-owned enterprises (SOEs) as world-class enterprises
  • China is expected to release a three-year action plan on SOE reform in the first quarter of next year

He HuifengFrank Tang
He Huifeng and Frank Tang

Updated: 12:55pm, 30 Dec, 2019

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Last month China’s Vice Premier Liu said China will make the state economy ‘stronger, better and bigger’. Photo: AFP
Last month China’s Vice Premier Liu said China will make the state economy ‘stronger, better and bigger’. Photo: AFP
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