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China vice premier says difficulties in SOE reform still need to be resolved

01/27/2021 | 09:02am EDT
Chinese Vice Premier Liu He attends the closing session of CPPCC in Beijing

(Reuters) - Chinese Vice Premier Liu He said there are still some "difficulties and problems" in pushing through reform of China's state-owned enterprises (SOEs) that need to be resolved, according to a government statement released on Wednesday.

China should strive to complete more than 70% of the stipulated tasks in a three-year reform plan for 2020-22 by the end of this year, Liu said after a meeting of the leading group for SOE reform, making state firms "stronger and better."

(Reporting by Tom Daly and Meg Shen, editing by Louise Heavens)


© Reuters 2021
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