🚀 Big news: On Monday, senior officials from the Chinese government gathered at a session of the NPC Standing Committee to discuss the future of state-owned assets and enterprises. Led by Vice Premier Zhang Guoqing, the team vowed to push ahead with reforms that aim to inject more vitality and efficiency into state-owned enterprises (SOEs).
During the meeting chaired by Zhao Leji, chairman of the NPC Standing Committee, lawmakers dug into the 2024 report on assets held by non-financial SOEs and launched a joint inquiry into recent reform measures. Questions centered on past achievements, current challenges, and the roadmap for next steps.
Vice Premier Zhang Guoqing highlighted the progress so far, saying “SOEs have seen deeper reforms, stronger performance, and a bigger role in critical moments.” He added that the State Council and relevant government bodies will continue optimizing the state-owned sector’s layout, fine-tuning regulations, and driving high-quality development.
Presiding over the meeting, Xiao Jie, vice chairman of the NPC Standing Committee, urged the State Council and relevant departments to carefully review lawmakers’ suggestions and report back on follow-up actions in accordance with the law. 🔍💼
For young professionals, investors, and curious minds across the globe, these reforms signal a more dynamic Chinese economy and fresh opportunities for partnerships, investments, and study—keeping Asia’s biggest market on everyone’s radar! 🌏✨
Reference(s):
Chinese govt vows to advance state-owned enterprise, asset reform
cgtn.com
