Logo 24 Feb 2021

SOEs look to play bigger role

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

On Tuesday, State-owned Assets Supervision and Administration Commission (SASAC) Chairman Hao Peng laid out his plans for China’s centrally-administered SOEs at a press conference.

The big news: Hao wants SOEs to play a bigger role in the economy.

Hao said SOEs’ gross profits and after-t...