In a significant move towards economic excellence, the State Council Information Office held a press conference focusing on the high-quality development of central State-Owned Enterprises (SOEs). Yuan Ye, vice chairman of the State-owned Assets Supervision and Administration Commission of the State Council, outlined strategies to enhance the core functions and competencies of these enterprises.
Yuan highlighted the importance of innovation, efficiency, and sustainable practices in driving the growth of SOEs. By strengthening their operational capabilities, China aims to position these enterprises as leaders in both domestic and global markets.
This initiative aligns with China's broader economic goals, emphasizing the role of SOEs in fostering technological advancements and supporting key industries. The government’s commitment to improving SOE performance underscores its dedication to building a resilient and competitive economy.
As these enterprises evolve, they are expected to contribute significantly to job creation, technological innovation, and international trade, reinforcing China's position in the global economy.
Reference(s):
Live: Better pursuing high-quality development of central SOEs
cgtn.com
