China to Speed Up Restructuring in Steel Sector and Central SOEs

Published: Aug 23, 2017 11:01
The State-owned Assets Supervision and Administration Commission (SASAC) will speed up restructuring among central SOEs, as well as in coal power, heavy machinery and steel sectors, the People’s Daily

SHANGHAI, Aug. 23 (SMM) – The State-owned Assets Supervision and Administration Commission (SASAC) will speed up restructuring among central SOEs, as well as in coal power, heavy machinery and steel sectors, the People’s Daily reported.

China will strengthen consolidation of the same business among different central SOEs.  

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China to Speed Up Restructuring in Steel Sector and Central SOEs - Shanghai Metals Market (SMM)