2023年01月19日 星期四
Plans Set to Boost Growth of Central SOEs
By CHEN Chunyou

  The green transformation of the centrally administered state -owned enterprise (SOE) development model, where these enterprises should use energy-efficient technologies and develop green and low -carbon industries, is just one of many significant highlights that emerged from a meeting held by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) in early January.

  The meeting specified tasks for these SOEs regarding production and operation in 2023, focusing on boosting the country's economic momentum and getting economic growth back on track.

  Key tasks were proposed at the meeting, including expanding domestic demand, building a modern industrial system, attracting and utilizing foreign capital, and preventing and defusing major economic and financial risks.

  According to the meeting, China will cultivate a batch of innovative new-type SOEs in 2023, which conduct technological research centering on national strategic needs and industrial upgrading needs.

  In addition, the government will offer the SOEs platforms to integrate into the national innovation system and participate in international big science plans and projects, while encouraging them to deepen cooperation with their counterparts from countries along the Belt and Road Initiative.

  Enterprises that undertake major research tasks and advance the application of basic frontier technologies will receive support, and these two aspects will be an important measurement for assessing the performance of central SOEs in the future.

  In order to train more strategic scientists and teams, central SOEs will also take the lead to develop national centers and platforms for exchanges of high-level personnel.

  Moreover, more investment will go to new infrastructure businesses in 5G technology, artificial intelligence, data centers, industrial Internet platforms, and Internet of Things platforms, said a statement released by SASAC after the meeting.

  According to SASAC, the combined annual revenue of central SOEs is estimated to climb 8.3 percent year-on-year to 39.4 trillion RMB in 2022.

  The government will continue optimizing the layout and restructuring of the state-owned capital to make it more competitive, and advance the building of world -class enterprises, said Zhang Yuzhuo, party secretary of SASAC.

  Relying on the leading and strategic role of the state-owned economy, central SOEs are expected to play a crucial role in stabilizing economic growth, employment and goods prices, so as to help achieve overall improvement of economic operation this year, said Zhang.

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