SASAC: Profits of State-owned Enterprises to Be Invested in New Assets
Published:
2011-02-23
Sao Ning, deputy director of the State-owned Asset Supervision and Administration Commission (SASAC) said that profits from state-owned enterprises will be invested in new assets. He also said that the net assets of centrally-owned enterprises (COEs) had increased by an annual rate of 15.6% in the past five years.
Source
Southern Weekly
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