Shanghai Stock Exchange: Promoting the Quality Improvement of Listed State-owned Enterprises

Cai Jianchun, member of the National Committee of the Chinese People's Political Consultative Conference, deputy secretary of the party committee and general manager of the Shanghai Stock Exchange, said that compared with five years ago, the profits of state-owned listed companies have increased by 70%, but the market value has only increased by 10%. In order to better play the important role of central enterprises in stabilising the overall macroeconomic situation and implementing the development strategy of technological innovation, Cai Jianchun suggested that the State-owned Assets Supervision and Administration Commission of the State Council, the Ministry of Finance and other central enterprise competent ministries and commissions cooperate with the China Securities Regulatory Commission to jointly promote central enterprises to make good use of capital market financing Advantages and asset allocation functions, continue to become stronger, better and bigger.