China orders central state-owned enterprises to double spending on basic research
China’s state asset regulator has ordered its central state-owned enterprises (SOEs) to double their basic research spending by…
China strengthens oversight of state-owned assets overseas amid global tensions
China’s state assets watchdog has established a new department to oversee foreign investments, as firms continue to expand…
China’s Xi urges state giants to be pillars of national development
President Xi Jinping has instructed central state-owned enterprises (SOEs) to serve as the bedrock of national development, urging…
Beijing aims to harness state, private sectors to build ‘world-class firms’
China’s state-asset watchdog has urged the country’s state-owned enterprises (SOEs) to act as an anchor for strategic industries,…