Free Trial

SASAC To Enhance Investment In Key Security Sectors

CHINA PRESS
MNI (Singapore)

The State-owned Assets Supervision and Administration Commission said in a meeting on Monday that it will strengthen investment in key security fields such as national defense and military industry, as well as food and energy resources, to serve the country's major strategies, according to Securities Times. The regulator of state-owned companies stressed it will focus on investment in new infrastructure, urbanisation, transportation and water conservancy. It will work to improve self-sufficiency in key materials, core components, and basic software, it said. Strategic emerging industries and modern industrial chains will be boosted to provide China with competitive advantages.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.