Economic quotes of the day
(China Daily) Updated: 2015-03-13 08:51
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Fu Chengyu, chairman of China Petrochemical Corp or Sinopec Group, Asia's largest oil refining and petrochemical enterprise. [Photo/IC] |
"The crux of the reforms of State-owned enterprises is to guarantee development and avoid huge layoffs. To achieve this, we need to focus on innovation and starting new businesses for the laid-off employees."
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