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Wednesday, April 24, 2013
Anbound Criticizes SASAC Driving the SOEs to be Profit-driven Monopoly
ANBOUND

State-owned Assets Supervision and Administration Commission (SASAC) is urging SOEs to maintain growth by keeping profit growth rates over 10%. However, Anbound's think-tank scholars pointed out that the SASAC's incorrect rule serves as a political declaration, in which it would drive the SOEs to be monopolistic, overly profit-driven and ignoring its services to the public.

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