China will accelerate study of three-year plan of SOE reforms

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China will accelerate of three-year plan of SOE reforms

(Reuters) – China will accelerate studying a three-year action plan on reforms of state-owned firms, the country’s cabinet said on Tuesday, citing a top-level government held by the Vice Premier Liu He.

China will comprehensively boost the competitiveness of state-owned firms, as well as their ability to innovate and fend off risks, the state council said in a statement on its website.

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Source: Investing.com

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