SASAC Chairman Xiao Yaqing meets with a delegation led by Vietnamese Minister of Finance Dinh Tien Dung on Nov 27. [Photo/sasac.gov.cn]
Xiao Yaqing, Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), met with a delegation led by Vietnamese Minister of Finance Dinh Tien Dung on Nov 27. The two sides exchanged ideas on the reform of state-owned enterprises (SOEs), supervision of state capital and expanding cooperation on the above areas.
Xiao briefed the delegation on the management system of Chinese state-owned assets, reform and progress of SOEs and their investment and operation. SASAC will further deepen reform and expand opening up, strengthen exchanges with the Ministry of Finance of Vietnam, and promote win-win cooperation and high-quality development in more areas following the market-oriented principle, he added.
Dinh noted that the SOEs in Vietnam and China play an important role in the national economies of the two countries and China's experience is of great significance to Vietnam. He went on to say that Vietnam's Ministry of Finance is willing to further expand friendly exchanges with SASAC, to learn from China's experience in SOE reform and to jointly promote SOE development in both countries.
(Executive editor: Hao Wen)