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SOE assets in Qingdao top 467 billion yuan
By Zhang Meirong
China.org.cn, August 23, 2013 Print  E-mail

It was learned from the city's state-owned (collective) enterprise development and reform work conference that the total assets of state-owned enterprises (SOE) monitored by the municipal state-owned assets supervision and administration committee has amounted to more than 467 billion yuan and total state-owned assets are 83.52 billion yuan, with year-on-year growths of 20.5 % and 14% respectively The reform and reorganization of state-owned economy has thus far achieved remarkable results.

According to earlier-drafted plans, the city's state (collective) enterprise development and reform will take market-oriented reform as its direction, and the enhancement of SOE vitality and development quality plus efficiency of a state-owned economy as a goal. Plans intend to match the development strategies of global coordination, innovation-stimulus, basic support and other development strategies, in order to accelerate and promote the intensive layout of a state-owned economy, the standardized system of modern enterprises, as well as continuous and independent innovation and development. The overall goal is to further invigorate the the state-owned economy and ensure the leading role of the state-owned economy in the city's economic and social development

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