News Snapshot:
Workers carry out tasks relating to construction of a refinery project at a petrochemical industry base in Lianyungang, Jiangsu province. [Photo by Wang Jianmin/For China Daily] BEIJING - China's State-owned enterprises (SOEs) saw more social capital investments in 2020 as the country steps up mixed-ownership reform to improve SOE efficiency. The country's SOEs received a total of 197.1 billion yuan ($31 billion) of social capital through equity transfers in 2020, an increase of 13.4 percent from 2019, according to data by the Chinese State-owned Property Exchanges Association. The country has been optimizing the capital structure of SOEs via mixed-ownership reform,...
