China to make state-owned enterprises more efficient

World Today

China’s Party and Cabinet have issued a plan to deepen reform of powerful, but sluggish, state-owned enterprises, also known as SOE’s.

Officials characterize the plan as ‘historic’, and say it should be basically completed by 2020.
CCTV’s Quan Chenchen filed this report.

China wants to make state owned enterprises more efficient

China's Party and Cabinet have issued a plan to deepen reform of powerful, but sluggish, state owned enterprises, also known as SOE's. Officials characterize the plan as 'historic', and say it should be basically completed by 2020. CCTV's Quan Chenchen filed this report.