China sets up special fund worth 30b yuan to revitalize SOEs' land assets
Xinhua | Updated: 2024-07-05 16:06
BEIJING - China held a founding ceremony on Friday marking the official establishment of a special fund to revitalize the land assets of state-owned enterprises (SOEs).
Approved by the State-owned Assets Supervision and Administration Commission of the State Council, the fund is worth 30 billion yuan ($4.2 billion).
