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

News

Home> News

Deepened SOE reforms can revitalize Chinese economy

Updated: 2015-09-15

( China Daily )

Deepened SOE reforms can revitalize Chinese economy

The government will improve the competence of SOEs and turn them into fully independent market entities. [Photo/IC]

The long-awaited blueprint for reforming and revitalizing the State sector has been released and it promises to give a huge boost to China's battle against the downward pressure on its economy. More importantly, the latest drive to deepen reform of State-owned enterprises may, in the long run, prove wrong those who believe that China's growth miracle has run its course.

On Sunday, guidelines were jointly issued by the Communist Party of China's Central Committee and the State Council to reorganize and restructure some SOEs so that they can be a long-term pillar of the Chinese economy.

By cultivating a number of key SOEs with considerable innovation capability and international competitiveness, Chinese policymakers aim to retool and revive the world's second-largest economy by giving entrepreneurs and market forces a bigger role.

Currently, the central government manages more than 100 companies under the State-owned Assets Supervision and Administration Commission, while local governments own and run many more companies.

These SOEs play a vital role in the national economy, and, in general, they enjoy a dominant position in the market with easier access to credit and more policy support.

However, many SOEs are deemed to be less efficient than private enterprises and not robust enough to help counter the economic slowdown.

The latest plan will introduce "mixed ownership" by bringing in private investment, and the government expects "decisive results" by 2020. If they succeed, such reforms will improve the efficiency of SOEs by forcing them to embrace market competition more aggressively and become financially self-supporting.

At a time when the Chinese economy is expanding at its slowest pace in more than two decades, it is a brave move by the Chinese authorities.

But if the success of the last round of such reforms in the late 1990s is any indication, it may be among the most effective of all the support measures that the Chinese government has adopted to grapple with the ongoing economic slowdown.

Then, by drastically cutting down the number of State-owned enterprises and raising their efficiency, the Chinese government managed to render the loss-making State sector into the backbone supporting much of the country's double-digit growth.

The economic challenges that China faces now are no less severe than those of a quarter of a century ago. But Chinese leaders are determined to make good their commitment to reform the SOEs and the overall national economy, so as make China's growth more sustainable.

主站蜘蛛池模板: 峨边| 宜丰县| 黄骅市| 梓潼县| 新平| 祥云县| 勃利县| 德保县| 鸡东县| 宽城| 阿城市| 普宁市| 甘德县| 曲周县| 宝应县| 大新县| 太白县| SHOW| 朔州市| 调兵山市| 濮阳市| 那坡县| 龙门县| 崇阳县| 郧西县| 桂林市| 蕉岭县| 山东省| 沈丘县| 杭锦旗| 客服| 宁南县| 安顺市| 芦山县| 绥宁县| 中牟县| 萍乡市| 胶南市| 四子王旗| 赤水市| 永宁县|