国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China / Government

345 'zombie' enterprises to be cleaned up

By LYU CHANG (China Daily) Updated: 2016-05-21 07:16

345 'zombie' enterprises to be cleaned up

China will press ahead with merging and revamping State-owned enterprises and plans over the next three years to clean up 345 "zombie" enterprises to unlock their vitality, according to a senior official.

"Last year's SOE reorganizations clearly proved effective, so we will keep putting our efforts into the work this year," Zhang Xiwu, deputy chief of the State-owned Assets Supervision and Administration Commission, said on Friday at a briefing in Beijing on SOE reform.

Zombie enterprises are unprofitable SOEs burdened by debt, mismanagement or overcapacity.

Zhang said the SOE cleanup effort is in line with the national strategy and will optimize resources in key industries. In 2015, the State Council, China's Cabinet, approved mergers of 12 State-owned companies in such industries as shipping, railway and telecommunications.

Addressing concerns that a consolidation into a single entity could yield a monopoly, Zhang said that would be unlikely. The commission is putting regulations and procedures in place to protect other companies' from unfair business practices.

The consolidation efforts fit in with government measures to improve SOEs' competitiveness, a major task outlined in this year's Government Work Report, delivered in March by Premier Li Keqiang.

Earlier this week, Li said at an executive meeting that SOEs need to "lose weight and get fit". As outlined in the Government Work Report, their overhaul through innovation, restructuring and personnel management reform would help revitalize the economy.

Simultaneously, the government will close zombie enterprises that weigh down the economy.

In all, zombie enterprises will be reorganized or closed within three years, and the country's coal and steel capacity will be reduced by 10 percent within two years, according to Zhang.

Coal, iron and steel are among the key target sectors in the effort to reduce excess capacity.

Amid a slowing economic growth, SOEs, which are vital to the country's social and economic development, must rid themselves of inefficient and declining businesses, experts said.

Li Daokui, an economic adviser and a Tsinghua University economics professor, said that this is the key year in national restructuring, and if all SOE and urbanization reforms are put in place this year, the economy's downward trend is expected to hit bottom at the earliest by the second half of the year.

"With some oversupplied industries, merger is considered a good way to diminish the surplus, so I'm not surprised to see more restructuring coming on this year," he said, predicting that economic growth will see a slight rebound in 2018.

Highlights
Hot Topics
...
卢湾区| 朝阳区| 中山市| 天门市| 福建省| 融水| 邵阳县| 乌拉特中旗| 泰和县| 靖远县| 唐河县| 手机| 舞阳县| 张家川| 利津县| 永清县| 罗山县| 华池县| 吉林市| 什邡市| 沙田区| 娄烦县| 齐河县| 镇雄县| 霍州市| 长汀县| 眉山市| 积石山| 沽源县| 盖州市| 兰溪市| 光山县| 海丰县| 元阳县| 竹北市| 垣曲县| 七台河市| 潢川县| 长寿区| 施秉县| 哈巴河县|