Aiming at the 8.5 Percent Target

THE state-owned enterprises (SOEs) ministry set a target for only 10 enterprises to be allowed to incur losses up to the end of 2017, or amounting to 8.5 percent out of a total of 118 SOEs. In order to achieve this goal, numerous efforts are being undertaken, including creating synergy between small and large enterprises, boosting their income and enhancing efficiency. However, until the third quarter of this year, 23 SOEs are still registering l

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