Contracts on 45 investment projects have been signed between Jiangsu province and 35 State-owned enterprises (SOEs) in Beijing last month, which are 222 billion yuan totally.

The most competitive State-owned enterprises, such as Sinopec and State Grid, will Read more…

Popularity: 4% [?]

China, Contract, economy, GDP, Jiangsu, project, SOE

Chinese enterprises are encouraged to be bold in acquiring stakes in overseas enterprises especially in the energy and resources sectors.

In order to encourage overseas mergers and acquisitions (M&As), especially in sectors of strategic importance, the government is going to use its $2-trillion foreign exchange reserves, said Zheng Xinli, vice-director of the Policy Research Office of the CPC Central Committee. Read more…

Popularity: 3% [?]

China, economy, enterprises, exchange reserves, SOE, stakes