70% mixed ownership target for Guangdong SOEs
By Li Wenfang in Guangzhou (chinadaily.com.cn) Updated: 2014-08-19 17:24Companies of mixed ownership should account for more than 70 percent of all State-owned enterprises (SOEs) in Guangdong province by 2017, according to a directive on SOE reform issued by the provincial authorities on Monday.
About 30 SOEs with mixed ownership will be formed, each generating annual revenue of over 100 billion yuan ($16.29 billion) or having assets of over 100 billion yuan.
All SOEs in Guandong should complete their process to becoming corporations by 2015, reported the Nanfang Daily.
 |
 |
|
|
China to diversify SOE shareholding |
- Beijing to host NGV Expo China 2014
- 70% mixed ownership target for Guangdong SOEs
- Shanghai Baosteel Gases and Warburg form partnership
- Shenyang GM starts new phase
- China enhances vocational training of migrant workers
- Nippon Paint China speeds ahead in service-based era
- Myanmar implements economic zone in border town with China
- Overseas investors making hay from e-commerce bet
Hot Topics
Editor's Picks
