Economy > Regional

Northeast China's Jilin presses ahead SOE reform with new guidelines

BEIJING
2015-11-06 16:22

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Regulators of Jilin Province, northeast China have passed several documents related to local state-owned enterprises (SOE) reform on Thursday.

According to www.chinajilin.com.cn, these documents were guidelines about deepening SOE reform, restructuring provincial state-owned capital investment and operation firms, strictly standardizing remuneration and business expenditures of SOE heads, deepening SOE heads' salary system reform, mixed ownership reform of SOEs, and state-owned forest area and farms reform.

The news might bring some investment opportunities for related listed firms such as Jilin Forest Industry Co., Ltd. (600189.SH), Northeast Securities Co., Ltd. (000686.SZ), and Jilin Chemical Fibre Co., Ltd. (000420.SZ).

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