2015年CRI China to Pilot State-asset Investment and Operating Companies
时间：2019-02-21 作者：英语课 分类：2015CRI中国国际广播电台
Xu Hongcai, assistant Minister of Finance, says more than 110 State-owned firms currently administered by the State Owned Assets Supervision 1 and Administration Commission are going to be allowed to set up their own investment arms, much like Singapore's Temasek.
"Under the new system, the State-owned Assets Supervision and Administration Commission can authorize 2 these companies to be shareholders 3 of state-owned enterprises operating core businesses. The companies will serve as a layer between the government and the market."
The government began testing this model earlier this year in the Province of Shandong.
Shandong Luxin Investment Holdings Group and Shandong State-owned Assets Investment Holdings have been set up to act as investment arms for state-run companies in that province.
Professor Zhang Chunxiao with the Chinese Academy of Governance says the creation of these types of investment companies will help with efficiency.
"State-owned enterprises turning into independent market entities 4 will help maintain and increase the value of state assets. At the same time, state assets regulators on different levels will have more time to focus on how to better supervise and manage state assets. In this way, SOEs' operating efficiency is improved and so is the supervision efficiency."
Li Daxiao, chief economist 5 with Yingda Securities, says he believes the move will also help stabilize 6 the stock markets.
"State-owned enterprises dominate China's A-share market. The guideline to deepen reforms of state-owned enterprises offers these companies more freedom to ensure their own future development. The reforms will gradually enhance the SOE's efficiency and should increase the valuation of their shares. Consequently, the A-share market, particularly among the blue chip stocks, will be more stable."
The new SOE reform agenda also calls for a gradual move to mixed ownership of SOE's.
A deadline of 2020 to implement 7 the changes has been laid-out.
It comes as the profits of state-owned companies continue to narrow.
- The work was done under my supervision.这项工作是在我的监督之下完成的。
- The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。
- He said that he needed to get his supervisor to authorize my refund.他说必须让主管人员批准我的退款。
- Only the President could authorize the use of the atomic bomb.只有总统才能授权使用原子弹。
- The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
- the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
- Our newspaper and our printing business form separate corporate entities. 我们的报纸和印刷业形成相对独立的企业实体。
- The North American continent is made up of three great structural entities. 北美大陆是由三个构造单元组成的。
- He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
- He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。
- They are eager to stabilize currencies.他们急于稳定货币。
- His blood pressure tended to stabilize.他的血压趋向稳定。