The State-Owned Assets Supervision and Administration Commission of the State Council (SASAC) has said that all large State-owned enterprises (SOEs), including centrally-administered SOEs, will be listed in the future, the Shanghai Securities News reported Wednesday.

Shao Ning, the Deputy Director of the SASAC, said on 22nd Feb that the central SOEs should have their primary businesses listed instead of just listing subsidiary companies and financing merely with their high-quality assets, according to the report.

In addition, three methods were proposed by the SASAC for depositing the central SOEs’ non-primary businesses after their primary businesses are listed in the market. The first is by gradually altering the non-primary businesses and integrating them into the listed company. The second is by separating the non-primary businesses from the core. The third is by asking the assets management companies to take over the non-primary businesses.

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For those that have already listed their subsidiary companies, the SASAC suggests that they gradually integrate their listed subsidiaries. Shao Ning hopes that in ten to fifteen years, all SOEs will be listed companies that have completely realized marketization.

Data shows that by the end of 2010, there were 43 central enterprises that had listed their core businesses, while the number of companies that were controlled by central SOEs and went public on domestic or overseas markets hit 336.