China will roll out guidelines for restructuring the layout of key sectors such as building construction, energy conservation and environmental protection for its centrally administered State-owned enterprises in 2023, according to the country's top State assets regulator.
China's plans to establish new business groups and build an industrial ecosystem among its centrally administered State-owned enterprises will foster high-quality growth and diversify approaches to cooperation, analysts said on Tuesday.
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With better control over the debt-to-asset ratio, China's centrally administered State-owned enterprises will see both gross and net profit growth rates outpace the GDP growth rate this year, said Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission, the nation's top State asset regulator.
With better control over the debt-to-asset ratio, China's centrally administered State-owned enterprises will see both gross and net profit growth rates outpace the GDP growth rate this year, said Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission, the nation's top State asset regulator.