SOE Reform

China Tower Joins Hand with MARA on Rural Video Surveillance Network Construction

2021-01-25

China Tower Corporation Limited (China Tower) and the Ministry of Agriculture and Rural Affairs (MARA) signed an agreement on Jan 19, 2021, to construct video surveillance networks in rural areas.

China's Central SOEs Report Rising Profits in 2020 amid Reforms

2021-01-20

Despite disruptions due to the COVID-19 epidemic, China's centrally-administered State-owned enterprises (SOEs) reported profit growth in 2020 amid reforms to make their operations more efficient.

China Mobile to Support Digital Economic Development in Zhejiang

2021-01-18

China Mobile Limited (China Mobile) signed an agreement with the government of Zhejiang Province on Jan 7, 2021, to promote 5G-based new infrastructure construction, smart applications and digital economy in the region.

China Telecom Makes Breakthroughs in Digital Transformation

2021-01-15

China Telecommunications Corporation (China Telecom) has concentrated on strengthening its digitalization capacity by integrating 5G, cloud, network to promote cloud network convergence.

'Double Hundred Action' to Boost SOE Reforms

2021-01-13

China will continue to promote the "double-hundred action" to enrich the upcoming three-year action plan for reform of State-owned enterprises, which is expected to sharpen their core competitiveness and strengthen dynamism for sustained growth, senior officials said on Oct 27.

'Green' Is the New Buzzword for State Firms

2021-01-11

For decades, China's infrastructure project providers have been heavily focused on building roads, bridges, dams, railways and airports both at home and abroad. Starting in recent years, many such enterprises have begun to deploy more capital and resources into environmental protection projects to remain competitive in this lucrative sector.

Reforms to Enable State Firms' Tech Innovation

2021-01-11

More measures in pipeline to boost exports, capital management, R&D, overseas operations.

Shanghai Underlines Efficiency, Quality at SOEs

2021-01-11

As State-owned enterprises' reform deepens, efficiency is going to be critical to quality, said Shanghai's top officials at a news conference on Jan 7.

Reforms among SOEs a Priority During 14th Five-Year Plan

2020-12-04

China will push corporate reforms at 8,000 State-controlled enterprises during the country's 14th Five-Year Plan (2021-2025) period to further optimize asset structures and improve market-oriented operating mechanisms.

Reform to Shift State Firms' Focus to Key Biz

2020-12-25

China will continue to steadfastly implement the 2020-22 action plan for the reform of State-owned enterprises and pave the way for more productive collaborations between SOEs and private companies in 2021, the country's top State asset regulator said.