China's State-owned enterprises are forecast to post higher revenues and expand their world market presence this year as the government encourages them to advance in "going global", said experts and business executives.
China's State-owned enterprises are forecast to post higher revenues and expand their world market presence this year as the government encourages them to advance in "going global", said experts and business executives.
Central SOEs seen coasting on fine H1--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Having registered stable growth in both revenue and profit in the first half of the year, China's central State-owned enterprises are expected to do an encore in the second half, experts and business leaders said on Monday.
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.