Economy > Regional

Jiangxi to further promote mixed ownership reform for state-owned firms

2018-08-17 11:24

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East China's Jiangxi Province will promote the reform of mixed ownership for its state-owned enterprises at the provincial level and actively introduce strategic investors, according to an action plan recently released by the local authority.

According to the plan, by the end of 2020, about 80 percent of the state-owned enterprises at the provincial level in Jiangxi will implement the mixed ownership reform to further strengthen their vitality, influence and global competitiveness.

Meanwhile, the Province will adhere to the market-oriented principle to carry out strategic reorganization for its state-owned enterprises and promote a group of firms with outstanding performance in main business, strong competitiveness and good development prospects to go public.

Jiangxi will further optimize distribution of the state-owned capital and bring more than 80 percent of provincial state-owned capital to fields such as emerging industries, modern service industries, and military-civilian integration industries, said the plan. 
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