|
BIZCHINA> Center
![]() |
|
Related
Commission to inject capital to quake-hit State firms
(Xinhua)
Updated: 2008-07-07 09:59 The State-owned enterprises (SOEs) which suffered heavy losses from the magnitude 8.0 earthquake in May in southwest China would receive capital injection from the government. The State-owned Assets Supervision and Administration Commission (SASAC) would use State assets budget to support reconstruction of these enterprises, Liu Nanchang, deputy director general of the bureau of performance assessment of SASAC, told Xinhua. The commission would also organize mutual support between SOEs and tune down the performance targets set for some state firms after evaluating quake losses, said Liu. Aggregate quake losses in China's centrally-administered State-owned enterprises (SOEs) have surpassed 80 billion yuan ($11.4 billion), more than double the preliminary estimate of 30 billion yuan, said the SASAC. China currently has 150 central SOEs directly under the control of the SASAC, with a total assets of 14.6 trillion yuan by November of 2007. (For more biz stories, please visit Industries)
|
苏州市| 松阳县| 莱西市| 增城市| 南宁市| 儋州市| 安徽省| 怀安县| 临洮县| 汉源县| 新丰县| 黑山县| 城固县| 许昌县| 乌拉特中旗| 县级市| 赣州市| 阿合奇县| 荔波县| 青冈县| 江达县| 北安市| 黄平县| 林甸县| 自治县| 崇礼县| 光山县| 花莲县| 芜湖市| 名山县| 河东区| 阳信县| 呈贡县| 陈巴尔虎旗| 昭通市| 灵丘县| 登封市| 清镇市| 彰化市| 磐石市| 晋江市|