日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Private, State fund planned for SOEs

By Li Xiang | China Daily | Updated: 2017-09-18 06:53

Private, State fund planned for SOEs

China Chengtong Holdings Group, a State-owned investment and asset-operating company, said it will launch a large-scale fund to pool State and private capital to finance the mixed-ownership reform of the country's State-owned enterprises.

The plan is the company's newest initiative to support China's SOE reform, after it started the 350 billion yuan ($53.7 billion) national structural reform fund last September in collaboration with several big state firms to provide capital for SOEs' mergers and acquisitions, asset restructuring and industrial upgrades.

The new fund will target projects related with SOEs' ownership reforms, with private capital expected to make up a big portion of the fund, according to the company's chairman, Ma Zhengwu.

"We will establish a major investment platform to allow more private capital and smaller funds to participate in the SOE ownership reforms," Ma said without disclosing the scale of the new fund.

The move by China Chengtong reflects the acceleration of China's SOE reforms through capital-market practices to help major state companies to divest nonperforming assets, reduce debt burdens and raise operational efficiency.

Ma said the company is also preparing to set up a fund to support the overseas operations of Chinese SOEs under the Belt and Road Initiative and to help them explore and invest in overseas projects.

China Chengtong itself is an example of the evolution of China's SOEs along the country's transformation from a planned to a market-oriented economy. The company has evolved from a loss-making SOE that managed the country's production assets and logistics in the 1990s into the country's leading equity investment firm responsible for operating and restructuring state assets.

The company has handled and helped dispose of state assets and debts worth about 74.9 billion yuan over the past 10 years, involving 664 central and local SOEs and nearly 90,000 displaced employees.

The latest high-profile deals initiated by China Chengtong include the 800 million yuan capital injection in the mixed-ownership restructuring of COFCO Capital Investment and the 13 billion yuan investment in the share offering of mobile carrier China Unicom through the structural reform fund.

China Chengtong has also been actively participating in the debt-for-equity programs of some debt-laden SOEs and has been investing in SOEs' initial public offerings as a strategic cornerstone investor.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 日韩免费一区二区 | 一级@片 | 另类二区三四 | 九色com | 精品三级国产精品经典三 | 成人性视频免费网站 | 一级黄色绿像片 | 国产91精品黄网在线观看 | 色性综合 | 亚洲日本久久久午夜精品 | 亚洲一区二区三区在线免费观看 | 乳欲人妻办公室奶水在线电影国产 | 久久影院在线观看 | 亚洲永久 | 尤物视频在线观看 | 亚洲成人免费视频在线观看 | 五月天色婷婷综合 | 99精品在线观看 | 国产成人综合一区二区三区 | 日韩影院在线观看 | 亚洲精品久久久久久久久久久久久 | 亚洲一区视频在线 | 色屁屁www影院免费观看视频 | 国产男女交性视频播放 | 久久夜夜操妹子 | 成人 日韩 | 成年人黄色毛片 | 久久se精品一区精品二区 | 天堂资源在线观看 | 激情伊人网 | 精品亚洲永久免费精品 | 久久国产精品毛片 | 国产成人精品免费久久久久 | 亚洲国产字幕 | 欧美天天视频 | 欧美一级艳片视频免费观看 | 欧美日韩中文在线视频 | 青娱乐免费视频观看 | 美女福利网站 | 天天干天天插天天操 | 欧美一级夜夜爽 |