China will take steps to implement the
three-year action plan on reforming the country's state-owned
enterprises (SOEs), according to a conference on Sunday. The
SOEs should become market entities with core competitiveness and push
forward the mixed-ownership reform in an active yet prudent manner, said
the national teleconference on the implementation of the action plan. Vice
Premier Liu He, also a member of the Political Bureau of the Communist
Party of China Central Committee and head of the State Council leading
group for SOE reform, attended and addressed the conference, which is
presided over by State Councilor Wang Yong, deputy head of the group. The
conference urged the SOEs to play a larger role in leading innovation
efforts as well as actions to improve the industrial and supply chains. Meanwhile,
the SOEs shall act as a safeguard in terms of maintaining social
development and improving people's livelihoods, according to the
conference. The conference called on
relevant departments to take responsibility for implementing the action
plan and local authorities to seek innovative ways for the
implementation.
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