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Call halt to unfair salaries 2006-07-12
The publication of the profits of 169 key central State enterprises has unexpectedly aroused a new round of public anger about the high salaries enjoyed by staff in monopoly sectors.
Concern over monopolies 2006-06-29
The public's great expectations about the anti-monopoly law highlights their great concern about the power of monopolies, says a commentary in Workers' Daily.
Carrots and sticks need to be considered 2005-08-24
The first performance appraisal the State-owned Assets Supervision and Administration Commission (SASAC) released covering the 179 key enterprises under its charge was a welcome step in the prolonged reform of State-owned enterprises (SOEs).
Time for system reform 2005-01-11
Revamping the remuneration mechanism in State-owned enterprises (SOEs) is a matter of urgency when pressing ahead with China's SOE reform.
Revamp rules to promote equality 2005-01-07
The past five months have seen domestic economic circles trapped in a heated two-camp brawl on the country's property rights reform of State-owned enterprises (SOEs).
MBO bid needs transparency 2004-12-31
Improved profitability is a compelling evidence of the necessity and effectiveness of China's ongoing property right reform of State-owned enterprises (SOEs).
More reasons to continue SOE ownership reform 2004-09-30
Chinese authorities must not let emerging irregularities affect the ongoing reform of State-owned enterprises (SOEs), especially the promotion of diverse forms of ownership.
Seeking cure for property reform 2004-09-22
A battle of ideas over the reform of property rights of State-owned enterprises is sweeping across the country.
Promote core business 2004-08-24
Large State-owned enterprises should focus on developing their core business, says an article in the People's Daily. An excerpt follows:
New bankruptcy code will streamline rules 2004-06-23
In a move that marks a milestone in China's market system, the Standing Committee of the National People's Congress (NPC) this week began to examine a draft bankruptcy law.
Producers should move from OEM to OBM 2004-06-08
Chinese companies should move from the current original equipment manufacturing (OEM) stage to the original brand manufacturing (OBM) to secure a bigger share in the increasingly competitive global market, experts say.
Yearender: China's SOE reform focuses on corporate governance 2004-01-01
The focus of China's reform of state-owned enterprises (SOEs) shifted to corporate governance in 2003, after designating a specified investor representing the rights of state-owned assets.
Restructuring cash welcome 2003-11-20
Foreign investors and private companies in China should join the restructuring of the country's State-owned enterprises (SOEs) and will be assured of a fair and sound legal environment, officials said yesterday.
Fewer SOEs in reformed economy 2003-11-12
Amid a tide of economic restructuring, there will be few wholly State-owned enterprises (SOEs) in the near future.
Support needed for enterprises 2003-10-22
SHANGHAI: More efforts should be made to promote the development of small and medium-sized enterprises (SMEs) in China, said Su Bo, director of the department of SMEs under the National Development and Reform Commission.
Employing the unemployed 2003-08-15
The rising level of unemployment is testing the government's ability to generate the over 20 million new jobs needed each year to cover natural increase in the workforce, surplus farm labour and the jobs needed for workers made idle as a result of the restructuring of State-owned enterprises (SOE).
Assets sale needs caution 2003-08-13
The pros and cons of selling State-owned assets to foreign companies should be weighed up carefully before allowing such purchases, said an article in China Business Times.
Go-out strategy crucial for China's enterprises 2003-04-11
Officials and researchers have urged the government to come up with effective measures to encourage more domestic enterprises to invest overseas.
Law on State-owned assets by year-end 2003-04-02
Drafting of the State-owned Assets Law, after several amendments, is complete and the new law is expected to be promulgated by the year-end, said Liu Yishun, director of the drafting panel under the Financial and Economic Committee of the National People's Congress (NPC).
Ministry signals halt to MBOs 2003-04-02
The Ministry of Finance is expected to halt management buy-outs (MBOs), according to a document issued by the ministry.
'Firms must innovate to create brandnames' 2003-03-18
Chinese enterprises should build themselves into Motorolas, Coca-Colas and even General Motors through technological innovation.
Bankruptcy laws need review 2003-03-17
The country is in urgent need of a new bankruptcy law to ensure that failed non-State-owned enterprises can, where viable, continue to trade and also to better protect the interests of their creditors.
Manager comes to rescue of loss-making firm 2003-01-21
Western management is often resorted to as a last ditch attempt to pull many a State-owned firm out of the quagmire of financial loss.
Beyond the Three Gorges.... 2003-01-20
China Three Gorges Project Corp (CTGPC), a flagship State-owned company in charge of development and running of the ongoing Three-Gorges Project, is to launch a number of important reforms during 2003, aimed at building it into a gigantic business entity.
Developing first-class enterprises - experts 2002-12-24
Fledgling Chinese business people once learnt from successful Japanese enterprises' philosophy and management skills.
Foreign capital in SOE reform a step forward 2002-11-12
By translating opening-up into a driving force for reforming the State sector, China has not only fulfilled its commitment to the World Trade Organization (WTO), but also made best use of its new membership.
Wanted: Courageous SOE leaders 2002-11-05
In the past, State-owned industries encouraged communal goals and collective employment, whereas China now needs leaders who emphasize efficiency, productivity and profitability.
SOE reform faces new challenges 2002-05-06
State-owned enterprises' (SOE) greater independence from government offices as well as property rights reform have optimized SOEs' shareholding structure. But the reform has to clear several hurdles before it can be fully realized.
Clearing barriers to incentive-based compensation in SOEs 2002-04-08
The reform of State-owned enterprises (SOEs) has come a long way in recent years. The modern corporate system is taking root, corporate governance is steadily improving and the way in which enterprises operate is changing -- albeit gradually -- for the better.
China requires major reforms to reap rewards of WTO entry 2002-03-19
China must undergo major economic restructuring because the engines which have powered it to unprecedented growth over recent years are rapidly losing steam, the OECD warned in a major report published on March 18.
WTO not enough to shape up China's ailing SOEs - OECD 2002-03-19
China's entry into the World Trade Organization (WTO), which is expected to introduce unprecedented foreign competition, will not be enough to alone turn around the country's flabby State-owned enterprises (SOEs), the OECD said on March 18.
WTO forces State firm shake-up 2001-10-23
China's upcoming entry to the World Trade Organization (WTO) will bolster the reform of State-owned enterprises (SOEs), though many will face greater competition.
SOEs reform, long way ahead 2001-03-08
There is still a long way to go and more arduous tasks are lying ahead in the reforms of China's state-owned enterprises (SOEs), said NPC deputies attending the current session of the Ninth National People's Congress (NPC).
Economist on SOEs share system 2001-03-02
Professor Wu Jinglian, a famous Chinese economist, said two major problems -- "one-share monopolization" and "one-share domination" have to be tackled in the reform of state-owned economy.
Deepening SOE reform 2001-02-02
State-owned enterprise (SOE) reforms should be deepened to build up a modern corporate system after the success of debt-equity swapping, in which a firm's debt to a State bank is transformed into an equity right of the concerned bank, said an article in Economic Daily. Excerpts follow:
SOEs reform goal within reach, but deeper issues remain unsolved 2000-08-01
The central government's goal to turn most of the money losing SOEs around within three years is in sight. But, stopping the red ink isn't the ultimate goal. But deeper problems in the SOEs, caused by years of delaying reforms, have tied up the current SOE reforms.
Goals for SOE reform attainable 2000-03-07
At the ongoing session of the Ninth National People's Congress (NPC), Premier Zhu Rongji said that major progress has been made in reforming State-owned enterprises (SOEs) and that the objective of making profitable enterprises that are losing money within three years is attainable.
Change of concepts critical 2000-02-21
A better attitude towards work and market-oriented mechanisms are needed for troubled State-owned enterprises (SOEs) to get out of their financial difficulties, a senior government official said yesterday.
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