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State Owned Assets Supervision and......>

CHINA PRESS
CHINA PRESS: State Owned Assets Supervision and Administration Commission
(SASAC) has proposed to regroup central state-owned enterprises in the second
half of the year, reported Shanghai Securities News. The regrouping of central
SOEs will direct state-owned assets to target industries, including electric,
machinery and autos, the newspaper said. SASAC will regroup on the enterprise
level to support industrial transformation and upgrading, the newspaper said.
Decentralized services will be transferred to dominant enterprises to achieve
integration of each specialization, the newspaper added.

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