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cabinet Nike Air Max 97 Silver UK
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Stronger Party role, mixed ownership among highlights: experts

Two citizens walk past China Unicom's business hall in Rizhao, East China's Shandong Province in April 2015. Photo: CFP

Experts said that 2017 will be the year when China's State companies implement top-down reform designs laid down in 2016 Nike Air Max 97 Red UK , following an important annual meeting of the heads of China's centrally administered State-owned enterprises (SOEs) in Beijing on Thursday and Friday.

The State-owned Assets Supervision and Administration Commission (SASAC) has ordered central SOEs to make breakthroughs in their mixed-ownership reforms and to take concrete steps in sectors including electric, petroleum and military industries, domestic newspaper Guangming Daily reported Friday.

The SASAC said central SOEs should aim for a 3 percent increase in profits and strive for a 6 percent growth in 2017.

In 2016, SOEs administered by the nation's State-asset regulator saw profits go up 0.5 percent year-on-year to 1.23 trillion yuan ($178 billion) Nike Air Max 97 Black UK , the SASAC said in a statement posted on its website Saturday. Growth was up after a 5.6 percent decrease in 2015.

Revenues of these firms increased by 2.6 percent from 2015 to 23.4 trillion yuan and the companies churned out taxes and fees totaling 2.1 trillion yuan, up 3 percent year-on-year.

Feng Liguo, an expert at Beijing-based China Enterprise Confederation, said on Sunday that 2016 saw the completion of top-down policy designs Nike Air Max 97 White UK , and in 2017 the highlight will be how the State-owned sector carries out the economic reforms.

"This implementation process will cover the full period of the 13th Five-Year Plan (2016-20)," Feng told the Global Times.

The China Economic Weekly reported on January 3 that 2016 saw the roll out of seven specific policies on deepening SOE reforms, following a guideline issued by the State Council, China's cabinet Nike Air Max 97 Silver UK , in September 2015. A set of blueprints has been drawn out to guide reform implementation, the report noted.

Three-pronged reform

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