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3-Year Action Plan for SOEs Set for 70% Completion by End of This Year
China will promptly implement the nation's three-year action plan for SOE reforms, with 70 percent of the goals completed by the end of this year.
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China's Central SOEs Spend More on R&D
China's centrally-administered State-owned enterprises (SOEs) spent more on research and development (R&D) in 2020 amid efforts to boost innovation-driven development, according to the country's State-asset regulator.
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Practical Measures Adopted in Three-Year Action Plan for SOE Reform
The year 2020 kicked off the three-year action plan for state-owned enterprises (2020-22) with new achievements and highlights.
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Local SOEs’ Achievements, New Goals
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held an online conference to summarize SOEs’ achievements in 2020 and during the 13th Five-Year Plan (2016-20) and to set new goals in 2021 and the 14th Five-Year Plan (2021-25).
- CSCEC Gains Achievements in SOE Reform
China State Construction Engineering Corporation (CSCEC) signed new projects valued at 3.2 trillion yuan ($495.36 billion) in 2020 thanks to its efforts in implementing the Three-Year Action Program (2020-2022) for SOE reform.
- CSG Harvests in SOE Reform in 13th Five-Year Plan
China Southern Power Grid (CSG) gained breakthroughs and achieved reforms during China's 13th Five-Year Plan (2016-20) and will continue to deepen SOE reform.
- CGN Beefs up Digital Transformation for High-Quality Development
Digital transformation is playing a crucial role in China General Nuclear Power Corporation (CGN)'s evolution into an internationally-leading clean energy enterprise.
- China Eastern Promotes Paperless Travel Mode
China Eastern Air Holding Co. Ltd (China Eastern) piloted a smart travel mode at Shanghai Hongqiao International Airport to apply during this year's Spring Festival travel rush.
