News list for " state-owned"
On December 27, Gou Ping, a member of the Party Committee and deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, said at the fourth special promotion meeting of the state-owned enterprise reform deepening and upgrading action in 2024 that the general implementation of the management personnel adjustment and incompetent exit system by the end of 2025 is a clear requirement for the reform deepening and upgrading action. The State-owned Assets ...
Ministry of Finance: From January to November, the total operating income of state-owned and state-controlled enterprises across the country increased by 1.3% year-on-year, and the total profit decreased by 0.1% year-on-year.
Ministry of Finance: From January to November, the total operating income of state-owned enterprises was 74.8971 trillion yuan, an increase of 1.3% year-on-year. From January to November, the total profit of state-owned enterprises was 3.84859 trillion yuan, a decrease of 0.1% year-on-year.
The Ministry of Finance has publicly solicited opinions on the Measures for the Supervision and Administration of the Evaluation of State-owned Assets of Financial Institutions Groups.
On November 26th, the opinions of the Guangdong Provincial Committee of the Communist Party of China on implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China to further comprehensively deepen reform and take the lead in promoting the Chinese path to modernization were released, which mentioned that deepening the reform of state-owned assets and state-owned enterprises. Focus on the "three concentrations" and further promote the optimiz...
On October 29, Rohit Sipahimalani, the chief investment officer of Singapore's state-owned investment company Temasek Holdings International, said that if Trump returns to the White House, it may not have a positive impact on the global economy and financial marekt. Sipahimalani pointed out that the Trump administration's policies will lead to a slowdown in global economic growth, which will eventually affect US companies. He also warned that higher interest rates and a stronger dollar will have...
On October 12, Minister of Finance Lan Foan said at a press conference of the State Council Information Office that since the beginning of this year, the financial department has adhered to a proactive fiscal policy to moderately strengthen and improve quality and efficiency. China's finance has sufficient resilience, and by taking comprehensive measures, it can achieve a balance of revenue and expenditure and meet the annual budget target. The Ministry of Finance will issue special treasury bon...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Council Information Office on October 12 that as of the end of June 2024, the core tier one capital adequacy ratio of six large state-owned banks averaged 12.3%. The Ministry of Finance will adhere to the principles of marketization and rule of law, and actively raise funds through the issuance of special treasury bonds and other channels in accordance with the idea of overall promotion, batch installment, a...
On October 9, Morgan Stanley said that the performance of real estate sales during the Golden Week of 2024 exceeded expectations: the major developers we tracked performed strongly in real estate sales during the National Day Golden Week of 2024 (October 1-7), with an average year-on-year increase of 39%. This represents 86% of sales in September 2024, and 60% of contracted sales in October 2023, indicating that sales in October are likely to have a mid-double-digit increase month-on-month, and ...
August 27 news, the Ministry of Finance data show that from January to July, state-owned enterprises operating revenue of 4.7 2872.7 billion yuan, an increase of 1.6%. From January to July, the total profit of state-owned enterprises 2.57015 trillion yuan, a decrease of 2.0% year-on-year. From January to July, state-owned enterprises should pay taxes and fees of 3.48727 trillion yuan, an increase of 1.3%. At the end of July, the state-owned enterprise asset-liability ratio was 64.9%, an increase...
