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.
China has formalized the creation of a new State-owned rare earth enterprise. The new entity is the result of a merger of some major assets of several key State-owned producers and research organizations.
China has formalized the creation of a new State-owned rare earth enterprise. The new entity is the result of a merger of some major assets of several key State-owned producers and research organizations.
China has formalized the creation of a new State-owned rare earth enterprise. The new entity is the result of a merger of some major assets of several key State-owned producers and research organizations.
China's centrally administered State-owned enterprises are part of many programs currently being expanded to stabilize the world's supply chains. Such SOEs as well as private businesses will play a bigger role in boosting the world's economic recovery from now on.