Bai Yingzi, Chief Accountant of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), met with Richard Burn, UK's Trade Commissioner to China, in Beijing on March 18.
SASAC Chief Accountant Bai Yingzi and Richard Burn pose for a photo after their meeting in Beijing on March 18. [Photo by Lv Feng/sasac.gov.cn]
At the meeting, they exchanged ideas on the progress of the state assets and SOE reform, as well as ways to deepen bilateral cooperation.
Bai briefed Burn on China's SOE reform, saying that SASAC has been speeding up the implementation of various assignments to accommodate new tasks and requirements proposed by the 19th CPC National Congress.
The SOE reform has made positive progress through deepening reform, adjusting structure, transformation and upgrading, improving quality and increasing efficiency of SOEs, Bai noted.
SASAC will continue to adhere to the principle of openness and cooperation to guide SOEs' mixed ownership reform, she added.
Burn introduced the history and development of UK's Department for International Trade and hoped that SASAC will support pragmatic cooperation on infrastructure construction, energy and high-end manufacturing between British enterprises and China's SOEs.
(Executive editor: Hao Wen)