China central SOEs repay most overdue debts to private firms

Source: Xinhua| 2019-02-25 15:11:16|Editor: zh
Video PlayerClose

BEIJING, Feb. 25 (Xinhua) -- China's state-owned assets regulator has stepped up efforts to clear the overdue debts of centrally administered state-owned enterprises (SOEs) to private companies, an official said Monday.

Following requirements of the State Council, China's cabinet, the State-owned Assets Supervision and Administration Commission (SASAC) screened for such debts late last year and found 111.6 billion yuan (16.6 billion U.S. dollars) of unpaid debt to private firms, Wu Hongbing, head of the SASAC bureau of financial supervision and management, said at a press conference.

By the end of January, central SOEs had paid off all overdue wages of 820 million yuan to rural workers, and repaid 83.9 billion yuan of overdue debts to private companies, accounting for over 75 percent of the total, Wu said.

The SASAC will press central SOEs to repay all the overdue debts before June 2019, and at the same time push forward the creation of a long-term mechanism for clearing overdue debts, he added.

In November 2018, the State Council ordered to clear the debts of government departments and large SOEs to private firms, as the country moved to help solve problems of private companies to create a sound environment for their development.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378490351
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲精品黄AV人在线观看 | 日本乱码视频免费播放性爱 | 亚洲国产片论片在线播放 | 日本一本久道视频 | 色多多免费视频在线观看 | 精品亚洲成a人在线观看青青 |