China's largest food processor and trader COFCO and China Grain Reserves Group Ltd will integrate part of their businesses and establish two joint ventures, the nation's top State asset regulator said in a recent release this week.
China's largest food processor and trader COFCO and China Grain Reserves Group Ltd will integrate part of their businesses and establish two joint ventures, the nation's top State asset regulator said in a recent release this week.
By the end of 2021, China almost completed its corporate system reform, said a Chinese official from the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council on Monday.
China will press ahead with the restructuring and integration of its centrally administered State-owned enterprises across industries in the second half of this year, to achieve four main goals, a senior government official said on Wednesday.
The strategic restructuring of Ansteel Group Corp Ltd (Ansteel), the Liaoning province-based centrally administered State-owned enterprise, and Ben Gang Group Corp (Ben Gang), another Liaoning-based steelmaker, will create the world's third-largest steel manufacturer by production volume, the country's top State asset regulator announced on Friday.