2019 Government Work Report: What the experts say
By Tan Xinyu |
chinadaily.com.cn |
Updated: 2019-03-08 06:40
Share
Share - WeChat
SOE reform
Hiring professional managers was written in the report for the first time, intended to improve corporate governance structures.
Li Jin, an expert on State-owned enterprise reform, told Securities Times the move shows corporate governance structures entering deep reform. Li added the difficulty in establishing a professional manager mechanism in SOEs is resolving identity-switching, positioning of management staff in these enterprises and ensuring long-running operations.
Meanwhile, Li expected mixed-ownership reform in SOEs to evolve into larger and deeper areas, where emphasis is moving to "reform" from "mixed-ownership", bringing dividends into capital markets.
- Former VP of Agricultural Bank of China gets life sentence for taking bribes
- Global dignitaries to discuss integrated development of culture, sci-tech in Beijing
- Chinese experts advocate human-centered AI in education at global conference
- Chinese political advisors urged to pool wisdom for drafting of 15th Five-Year Plan
- World's tallest bridge completes load test in SW China's Guizhou
- Racing on the roof of the world
