Go-out strategy crucial for China's enterprises 04/11/2003
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 04/02/2003
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 04/02/2003
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' 03/18/2003
Chinese enterprises should build themselves into Motorolas, Coca-Colas and even General Motors through technological innovation.

Bankruptcy laws need review 03/17/2003
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 01/21/2003
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.... 01/20/2003
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.
A power generation-based, diversified business group, it will penetrate into a number of sectors, including power supply, construction engineering and consulting, property management, finance and other areas of the service sector.

Developing first-class enterprises - experts 12/24/2002
Fledgling Chinese business people once learnt from successful Japanese enterprises' philosophy and management skills.

Foreign capital in SOE reform a step forward 11/12/2002
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 11/05/2002
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 05/06/2002
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 04/08/2002
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 03/19/2002
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 03/19/2002
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 10/23/2001
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 03/08/2001
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 03/02/2001
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 02/02/2001
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.

SOEs reform goal within reach, but deeper issues remain unsolved 08/01/2000
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 03/07/2000
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 02/21/2000
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.