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SOEs To Benefit From Emerging Industries - Securities Daily

CHINA PRESS

The Government's plans to boost SOE involvement in emerging industries will enhance valuations, promote diversification, boost brand value and improve profitability, according to experts interviewed by the Securities Daily. China can achieve industrial transformation and obtain advantages in future competition if it develops its emerging industries. SOEs have a natural synergy with the sector, as they are suited to projects involving large initial investment with long return periods. Through more engagement with the emerging sector, central enterprises can accelerate wider reforms needed to become more innovative and competitive, the paper said.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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