30 Trillion in State Assets Expected To Securitize

Sina: 全国各地国企改革提速 30万亿国有资产可望入市

"SOE reform to play in local economic restructuring and development of a more important role, since last year, many provinces have carried out a lot of research, prefer clear quantitative indicators of task lists and key enterprises, listed companies or even directly on the 'point'. "The source said.

China Enterprise Institute chief researcher Lee Kum reporters in a media interview that can be seen, the recent local state-owned listed companies significantly accelerate the rhythm of the capital, the future of state-owned assets will be securitized and backdoor reorganization surging trend.

According to Reporters statistics, as of now, at least there are Shanghai, Shandong, Jiangsu, Zhejiang, Yunnan, Hunan, Chongqing, Tianjin, Sichuan, Hubei, Jiangxi, Shanxi, Qinghai, Beijing, Guangdong, Henan, Liaoning, Guangxi, Ningxia, Heilongjiang, Hebei, Jilin, Inner Mongolia, Gansu, Fujian and other 25 provinces (autonomous regions and municipalities) explicitly introduced a state-owned enterprise reform program, its subordinate level citySASAC have also determined a more detailed and concrete reform mission objectives, the state-owned asset securitization rate target set at 50% or more generally, and specifically the relevant rules and pilot arrangement, some of the provinces and even published a detailed listing of the list.