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Communist Party still at heart of China's state firm reform plans - regulator

Reuters  |  SHANGHAI 

SHANGHAI (Reuters) - China will continue to "deepen" reform of state-owned enterprises (SOE) and experiment with new ownership structures, but strengthening ruling Communist Party leadership remains the guiding principle, the head of the state asset regulator said.Imposing party discipline on state firms remains a key part of China's goals in its effort to fight graft, "upgrade" domestic industry and dominate overseas markets, Xiao Yaqing, chairman of the State-Owned Asset Supervision and Administration Commission (SASAC), said in remarks published late on Tuesday.Xiao said the reforms were ...

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First Published: Wed, November 15 2017. 08:38 IST
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