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State-owned enterprises reform plan will be unveiled and marketization will become the core- China 2014 Preview ③
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 2014-01-24 09:01 By:GMW.cn  BBS of GMW.CN

China 2014 Preview ③ - Launching the first year of comprehensively deepening reforms

5. State-owned enterprises reform plan will be unveiled and marketization will become the core

State-owned enterprises reform plan will be unveiled and marketization will become the core- China 2014 Preview ③

Twenty rules of Shanghai SOE (state-owned enterprises) and SOC (state-owned capital) reform were released at the end of last year. People are paying great attention to the overall plan which will come out in 2014.

Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said at a conference on deepening SOE reform that the SASAC is focusing on revising and completing the guidelines for SOE reform.

Reforms should stick to three basic rules: firstly, keeping the basic economic system; secondly, keeping the direction of market-oriented reform; thirdly, keeping the management style of separating government functions from enterprise, government functions from capital and ownership from management.

The public sees 2014 as a key juncture for SOE reform. Some long-standing issues including higher income in SOEs and lack of marketization will be improved.

State-owned enterprises reform plan will be unveiled and marketization will become the core- China 2014 Preview ③

[Editor: zyq ]
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