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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, March 25 (Xinhua) — China's State-Owned Assets Supervision and Administration Commission has called on state-owned enterprises (SOEs) directly under the central government to step up relocation and investment in Xiong'an New Area in north China's Hebei Province.
Centrally-directed state-owned enterprises are encouraged to fully utilize their resource advantages and demonstrate leadership by increasing their involvement in the construction of the Xiong'an New Area and to be among the first to contribute to these goals. This was announced at a committee meeting held on Tuesday.
The meeting emphasized the need to ensure a smooth transition to Beijing's liberation from functions unrelated to its status as the capital. At the same time, it is necessary to ensure the stable operation of the enterprises that were the first to relocate to Xiong'an and to expedite the construction of necessary facilities for those that have yet to do so.
It is important to continue to encourage state-owned enterprises to concentrate their investments and actively participate in the construction of intelligent, efficient, safe, and sustainable infrastructure in Xiong'an, the meeting said.
Their advantages in production chains should be harnessed and the pace of implementation of key projects should be accelerated to improve local supply chains and attract more promising enterprises to locate in the new area.
It is also necessary to direct the efforts of SOEs to build more qualified research institutes, high-tech enterprises and experimental bases in Xiong'an, encouraging them to innovate independently, accelerate breakthroughs in key technologies and commercialize relevant results in Xiong'an.
The Committee expressed support for centrally-controlled state-owned enterprises in developing internationally competitive innovative businesses in areas such as next-generation information technology and satellite internet, in favor of high-quality development of the new area. -0-
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