男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

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

Debt risks of central SOEs under control

By Zou Shuo and Zheng Xin | China Daily | Updated: 2017-12-16 09:13
Share
Share - WeChat
Debt risks at China's centrally administered State-owned enterprises are under control. [Photo/VCG]

Steps introduced for prudent asset investment bearing fruit, says SASAC

Debt risks at China's centrally administered State-owned enterprises are under control as the government has taken various measures to reduce the debt ratio, the State assets regulator said on Friday.

By the end of November, the average debt-to-asset ratio of China's central SOEs dropped to 66.4 percent, 0.3 percentage point lower than the beginning of this year, the State-owned Asset Supervision and Administration Commission said.

"We have fully checked their bond repayment risks, drawn a debt ratio alarm line for each industry, and made specific requirements on the investment scale for each enterprise and each industry," said Peng Huagang, deputy secretary-general of SASAC.

Profits at China's central SOEs rose 17.2 percent year-on-year to 1.33 trillion yuan ($201.3 billion) in the first 11 months of this year, which was the highest growth rate in five years. During the Jan-Nov period, central SOEs' revenue increased by 14.3 percent to 23.6 trillion yuan compared with the same period last year.

A State Council executive meeting on Wednesday said that deleveraging SOEs and reducing their corporate debt will be prioritized to keep risks under control as the country pushes ahead its SOE reform.

Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing, said the high growth rate of SOE profits is due to supply-side structural reforms, the improving national economy and weak performance several years ago.

"SOEs should continue to invest more prudently and effectively to further reduce their debt ratio," Sang said.

The SASAC will also further increase supervision of overseas State-owned assets, to make sure that the supervision covers more areas and ensure the safety and value of overseas assets owned by State-owned enterprises, according to Wang Wenbin, deputy director of SASAC.

Peng said the list for the third round of mixed-ownership reform has been determined and it covers 10 central SOEs and 21 local SOEs.

The first two rounds of mixed-ownership reform, aiming to bring private capital and vigor into the State sector, covered 19 SOEs that are gradually implementing their restructuring programs.

More than a third of them have completed most of their reforms, including introducing new investors, boosting corporate governance and setting up new internal incentive mechanisms, according to the National Development and Reform Commission, the country's top economic planner.

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: 望奎县| 高碑店市| 杭锦后旗| 抚顺市| 江安县| 淅川县| 桐乡市| 乐业县| 镇远县| 珲春市| 凭祥市| 体育| 抚顺县| 冀州市| 响水县| 桂平市| 绵阳市| 灵山县| 如东县| 建平县| 乌兰察布市| 台湾省| 甘洛县| 习水县| 武鸣县| 驻马店市| 广南县| 临安市| 安泽县| 广西| 达孜县| 宁波市| 福泉市| 浮山县| 开平市| 遂昌县| 邢台县| 德格县| 漯河市| 通辽市| 景洪市|