久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Ownership reform helps to enhance SOE profits in H1

By Jing Shuiyu | China Daily | Updated: 2019-07-25 07:40
Share
Share - WeChat
An employee works at a steel plant in Ma'anshan, Anhui province. [Photo by Zhang Mingwei / for China Daily]

Profits of State-owned enterprises increased steadily in the first half of this year, with the electricity generation, real estate and building material sectors growing faster than the average, the Ministry of Finance said on Tuesday.

The combined profits of China's SOEs amounted to 1.82 trillion yuan ($264.5 billion) in the first six months, up 7.2 percent year-on-year, the ministry said in an online statement. The growth rate slowed from the 8.7-percent increase in the first five months, the official data showed.

Between January and June, SOEs reaped a total revenue of 29.5 trillion yuan, up 7.8 percent from the previous year, data from the ministry showed.

"Mixed ownership reform has exerted a great influence. It not only helps preserve and increase the value of State-owned assets, but also improves the efficiency of SOEs," said Jiang Chao, a senior analyst with Haitong Securities Co Ltd.

Such reform has entered a new stage, Jiang said. "In competitive industries, SOEs can withdraw their equity capital, while in noncompetitive sectors, they can introduce and use social capital," he added.

Mixed ownership reform, shifting from managing the companies to managing the assets, is of great significance to adjust the economic structure and upgrade the industrial structure, Jiang said.

Data from the Ministry of Finance showed that the total assets of SOEs reached 195 trillion yuan by the end of June, up 8.9 percent year-on-year, while their liabilities went up 8.8 percent to 125.8 trillion yuan.

SOEs' debt-to-asset ratio stood at 64.5 percent as of the end of June, down 0.1 percentage point from the same period last year, according to the ministry.

Xuzhou Construction Machinery Group, the State-owned construction machinery maker, recently predicted that its net income could hit between 2.1 billion yuan and 2.4 billion yuan in the first half, an increase ranging from 90 percent to 117 percent year-on-year.

The company will complete mixed ownership reform by the end of this year, according to an earlier report. At that time, the wholly State-owned machinery giant will be transformed into a diversified firm that is dominated by State-owned capital and engaged with private investment, the report said.

The central government has been boosting SOEs' earning capability through a series of reforms, which aim to shift toward mixed-ownership and market-oriented management.

In the future, the State-owned Assets Supervision and Administration Commission will speed up the pace of implementing all reform tasks, Peng Huagang, secretary-general of the country's top State assets regulator, said at a recent news conference.

Peng said SASAC will further promote the construction of the modern State-owned enterprise system with Chinese characteristics, and improve the quality and effectiveness of mixed ownership reform.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日产一区两区三区四区 | 久久久久欧美精品网站 | 亚洲视频精品 | 久久国产免费观看精品1 | 蜜臀91精品国产高清在线观看 | 国产成人一区二区三区视频免费 | 91久久网 | 免费观看a级毛片在线播放 免费观看a级网站 | 在线成人天天鲁夜啪视频 | 午夜三级国产精品理论三级 | 国产在线精品一区免费香蕉 | 日韩精品视频一区二区三区 | 亚洲国产精品久久卡一 | 久久久久久久久久久9精品视频 | 久久99精品久久久久久野外 | 国产一区三区二区中文在线 | 欧美专区一区二区三区 | 手机看片免费基地你懂的 | 国产精品成人自拍 | 美女扒开腿让男人桶个爽 | 美国三级在线观看 | 亚洲天堂男 | 久草网在线 | 久久精品国产亚洲网址 | 精品国产区一区二区三区在线观看 | 中文字幕日本一区波多野不卡 | 亚洲成人一区在线 | 日韩一区二区三区免费视频 | 国产综合在线播放 | 日本三级成人中文字幕乱码 | 久久在线免费观看 | 在线观看亚洲精品专区 | 亚洲黄色三级视频 | 国外精品视频在线观看免费 | 日本一级高清不卡视频在线 | 国产精品黄在线观看观看 | 2022免费国产精品福利在线 | 亚洲欧美精选 | 国产原创一区二区 | 91热视频在线观看 | 日本xxxxx黄区免费看动漫 |