At an expanded Party Committee meeting, SASAC emphasized the need to implement key directives from the CPC Central Committee and the State Council, urging SOEs to focus on high-quality development and national strategic priorities. Officials called for a fact-based review of SOE performance under the current 14th Five-Year Plan to help guide future reforms.
SOEs were directed to optimize their presence in strategic emerging and future industries, accelerate breakthroughs in critical and core technologies, and reinforce their role in supporting national security, industrial resilience, and technological self-sufficiency.
SASAC also called for greater momentum in advancing major national projects and leveraging SOEs’ capabilities in strategic, foundational, and frontier sectors to consolidate the leadership role of the state-owned economy.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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