China state assets watchdog needs self reform: official

Source: Xinhua | December 7, 2014, Sunday |

Online Edition

THE State-owned Assets Supervision and Administration Commission (SASAC) is confronted with a pressing need of reforming itself, a senior official told Xinhua on Saturday.

Shao Ning, vice director of the Financial and Economic Committee of the National People's Congress, China's top legislature, said the SASAC controlled state-owned enterprises (SOE) too tight.

"The commission took a grip on much more than it should do and some enterprises are complaining," said Shao, who resigned as SASAC vice director in 2013.

In his view, inflexible regulation of SOEs' core business hindered their restructuring and transformation and SASAC officials should refrain from intervening in their business activities.

Shao suggested the SASAC reflect on its policies and make changes.

Nation

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

China state assets watchdog needs self reform: official

Email this to your friend