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SOE
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China's Central SOEs Profits up 29%
Mar 10, 2017China's centrally administered state-owned enterprises (SOEs) performed well in the first two months of 2017 thanks to a stabilizing economy and better management, the state assets regulator said Thursday. Combined profits of China's ...
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Industrial SOEs See Healthy Gains in 2016
Mar 3, 2017China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...
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Natural Gas Secures Energy Future: Experts
Jan 1, 2017At the Peking University SOE Forum held in Beijing on Wednesday, China’s energy experts and scholars pointed out that the development of natural gas as an energy alternative to curb air pollution is crucial to China’s future ...
Tags: Natural Gas, energy
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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Massive Fund to Help Reform Giant SOEs
Sep 27, 2016Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
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China Establishes SOE Structural Adjustment Fund
Sep 27, 2016China on Monday established a national fund for structural adjustment of state-owned enterprises (SOEs). The fund has an estimated capital of 350 billion yuan (around 50 billion U.S. dollars) and will mainly invest in programs including ...
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New Economy Needs Renewed Focus on Soft Skills
Mar 23, 2016As China rebalances its economy, some are concerned that the expected slowdown in investment might lead to job losses. Yin Weimin, minister for human resources and social security, told a news conference on February 29 that 1.3 million ...
Tags: Soft Skills, coal sector
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Supply-Side Reform to Keep Chinese Economy Fit
Jan 4, 2016One change will certainly be deeply felt in China's economy in 2016 and more time come: supply-side structural reform. "Supply-side structural reform is an urgent task that cannot afford any delay, otherwise the 'sickness' will become ...
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China's State Companies Report Improving Profitability
Dec 28, 2015Profit declines for China's state-owned enterprises (SOEs) continued but narrowed in November, the Ministry of Finance (MOF) said Friday. China's non-financial SOEs raked in 2 trillion yuan (309.1 billion U.S. dollars) in profits from ...
Tags: State Companies, Profitability
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China's Industrial Output up 5.7% in September
Oct 19, 2015China's value-added industrial output was down in September, partly due to a slowdown in the country's mining and energy sectors, data from the National Bureau of Statistics (NBS) showed on Monday. China's value-added industrial output ...
Tags: Industrial Output, overcapacity
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Trans-Pacific Partnership Negotiation Completed
Oct 15, 2015On October 4, 2015, Ministers of the 12 Trans-Pacific Partnership (TPP) countries announced conclusion of their negotiations. The summary of the TPP Agreement is as follows: Disclaimer: The Following Summary of the Trans-Pacific ...
Tags: goods, services, trad, investment
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Li Calls on Soes to Keep 'Going Global'
Sep 21, 2015Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
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Tax Cut Needed in China's Growth-Boosting Efforts
Aug 17, 2015Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
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Vietnam GDP Continue to Grow
Apr 23, 2015The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth
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Australia Working with Chinese Businesses Have Access to New Markets and Value Chains
Mar 26, 2015Australian farmers, agribusiness and food business entrepreneurs working with Chinese businesses are reporting greater access to new markets and value chains, which is translating to increased profits, according to new research released ...
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