www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
China / Government

New SOE guidelines clarify equity structure

By Lan Lan (China Daily) Updated: 2015-09-15 08:21

China's biggest blueprint in two decades on the overhaul of State-owned enterprises has clarified principles for diversifying the equity structure of SOEs, which have total assets of more than $15 trillion.

The new guideline for SOE reform, which was unveiled on Sunday, classifies the SOEs into two groups for the first time: those for public service and those that are profit-oriented.

In principle, all profit-oriented SOEs should seek to channel more investment from private investors or other State-owned capital to realize equity diversification, said Lian Weiliang, vice-chairman of the National Development and Reform Commission, at a news conference in Beijing on Monday.

As a result, State-owned capital could hold a controlling share of equity or less. The guideline also says that all SOEs in this group should introduce corporate and shareholding systems and make full use of public listing.

Zhou Fangsheng, deputy director of the China Enterprise Reform and Development Society, said the guideline is a significant step because it draws a clear line for the reform of profit-oriented companies' ownership.

"It specifies that the market-oriented companies will have an open equity structure," Zhou said. "There are no limitations, and each company could outline its own strategy. Diversification is always better than sole equity structure."

New SOE guidelines clarify equity structure

The guideline is a continuation of the country's SOE reforms of the 1990s. The process in further diversifying the SOEs' equity structure has been sluggish since then, said experts.

Industries that seek to attract private investment include energy, such as oil, gas and electricity; transportation, such as railways; telecommunications; resource development; and public services.

Private companies are encouraged to participate in SOE reform and reorganization through various ways including share acquisition, purchase of convertible bonds and equity replacement, said Lian of the NDRC.

For market-oriented companies that are key to national security, State-owned capital should keep a controlling status, while private investors will be encouraged to participate.

Meanwhile, nonprofit companies should mainly take the form of being solely owned by State capital, and qualified non-SOEs will be encouraged to participate.

"A thorny point is that some SOEs hold both nonprofit and for-profit assets, and it would be a very complicated and challenging task to divide these assets and then reintegrate them in a bigger scope," said Zhou.

It's important to specify that the two types of enterprises should not invest and operate in an overlapping manner after the classification is completed, he said.

Zhang Xiwu, deputy head of the State Council's State-owned Assets Supervision and Administration Commission, told the news conference on Monday that the main purpose of promoting SOE reform is to improve the efficiency of SOEs and make them independent market players.

New SOE guidelines clarify equity structure

The primary goal of the reform is to achieve decisive progress in major areas of SOE reform by 2020, he said.

SOEs are vital to China's economy. Revenue of China's SOEs totaled 48.06 trillion yuan ($7.5 trillion) last year, and total profit was $2.48 trillion, while the overall assets of SOEs have surpassed $15.7 trillion.

lanlan@chinadaily.com.cn

Highlights
Hot Topics
...
主站蜘蛛池模板: 狠狠色噜狠狠狠狠色综合久 | 亚洲第一成年网站大全亚洲 | 国产啪精品视频网免费 | 国产成人理在线观看视频 | 国产成人一区二区三区免费观看 | 成人做爰视频www在线观看 | 一区二区三区在线播放 | 目韩一区二区三区系列片丶 | 亚洲韩精品欧美一区二区三区 | 亚洲视频播放 | 欧美日韩国产免费一区二区三区 | 亚洲国产美女视频 | 国产99久久 | 高清国产在线观看 | 中文字幕亚洲精品日韩精品 | 欧美在线亚洲 | 久久精品免费一区二区视 | 亚洲成人在线网 | 久久精品国产99久久久 | 久久久久久91精品色婷婷 | 久热免费在线观看 | 九九九热视频 | 99在线视频网站 | 免费在线亚洲视频 | 精品一区二区三区免费观看 | 国产精品午夜波多野结衣性色 | 亚洲成人第一 | 国产在线播放不卡 | 夜夜骚视频 | 在线观看亚洲精品国产 | 欧美视频久久久 | 久久久99精品免费观看精品 | 韩国一级永久免费观看网址 | 久久久久女人精品毛片九一 | 亚洲欧美视频一区二区 | 免费黄色成人 | 高清视频 一区二区三区四区 | 97干干干 | 一区二区三区在线 | 网站 | 国产成人精品日本亚洲专一区 | 亚洲三级小视频 |