China's SASAC Unveils Plans for High-Quality Development of Central SOEs video poster

China’s SASAC Unveils Plans for High-Quality Development of Central SOEs

The State Council Information Office (SCIO) held a press conference today on the topic of pursuing high-quality development of central state-owned enterprises (SOEs) by boosting their core functions and competence. Yuan Ye, Vice Chairman of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, briefed the media and answered questions.

The press conference focused on strategies to enhance the performance and competitiveness of central SOEs. Discussions centered on the importance of strengthening core capacities and promoting sustainable development within these enterprises.

Yuan Ye addressed key initiatives aimed at improving the efficiency and innovation of central SOEs. The emphasis was on aligning their development with national economic goals and contributing to overall economic growth.

The event provided insights into the government’s plans to optimize the role of central SOEs in China’s economic landscape. By enhancing their core functions and competencies, these enterprises are expected to play a significant role in driving high-quality development.

The press conference concluded with a question-and-answer session, where Yuan Ye further elaborated on the measures being undertaken to support the advancement of central SOEs.

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