According to Communist Party statistics published in 2018, the party had established organs in 93 per cent of state firms as of the end of 2017. Photo: Reuters
China cements Communist Party’s role at top of its SOEs, should ‘execute the will of the party’
- ‘Provisional’ regulation puts Communist Party committees in state-owned enterprises (SOEs) ahead of the board of directors
- New regulation also stipulates that the party secretary of a state firm must be its chairman who must ‘execute the will of the party’
According to Communist Party statistics published in 2018, the party had established organs in 93 per cent of state firms as of the end of 2017. Photo: Reuters