

Employees from a subsidiary of China Shipbuilding Industry Corp install clean-energy equipment in Nantong, Jiangsu province. [Photo/Xinhua]
China hopes to build a group of world-class, role-model, State-owned enterprises that lead in high quality development, said Weng Jieming, deputy head of the State-owned Assets Supervision and Administration Commission, on Saturday during a media conference.
In the past, regulators paid more attention to the scale of a SOE's revenue, but for the next stage, more attention will be placed on SOEs' return on areas such as net assets, revenue margin, investment on research and development, and added value, so that a SOE will not only be a leader in terms of revenue scale, but stands out for development quality and efficiency, he said.
Weng also said the commission will roll out a 2019 list of authorizations and rights decentralized from the commission to SOEs with expanding scale, to meet requirements from the reform plan for the State-owned capital authorization management system, and to truly benefit SOEs.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses