On Apr. 24, CHI PRL issued report on state-owned asset management.
CHI PRL report on research and handling of opinions on the review of special reports on the management of state-owned assets of financial enterprises was issued Apr. 23.
Highlights
Efforts are focused on optimizing the positioning and strategic layout of state-owned financial capital, including adjusting proportions and deepening reforms.
Measures are taken to strengthen the management system of state-owned financial capital, emphasizing the role of the Party in governance and clarifying responsibilities.
Initiatives are launched to enhance the quality, efficiency of financial SOE, focusing on improving profit distribution, capital replenishment mechanisms, supporting economy.
Measures are implemented to bolster risk prevention, control in state-owned financial assets, including enhancing risk monitoring systems, enhancing accountability.
Policy-oriented financial functions are strengthened, with an emphasis on supporting national strategies and addressing areas where commercial finance is insufficient.
Apr. 25, 2024 Reports
On Apr. 25, 2024, CHI PRL issued releases on Apr. 23 report, meeting on managing financial enterprises' state-owned assets, focusing on policy-based financial services.
Stressed need for differentiated development of central, local state-owned financial enterprises, prioritizing bolstering of core functions and supporting real economy.
Measures were outlined to support private businesses, particularly SMEs, through enhanced financial services, technological innovation, and green financing.
Policies were proposed to increase support for private sector, small businesses through regulatory measures, initiatives to improve financial services and access to funding.
Apr. 26, 2024 Strategic Layout
On Apr. 26, 2024, CHI PRL issued press release re optimizing the strategic layout of state-owned financial capital, by adjusting its distribution across the financial sector.
Reforms of policy financial institutions are being deepened with an increase in financial support, particularly focusing on areas where commercial finance is inadequate.
Implement improved risk control measures within state-owned financial enterprises.
