Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap SOEs crucial to China's economic growth !

SOEs crucial to China's economic growth

Time:2024-05-22 03:59:29 source:Stellar Stories news portal

State-owned enterprises are playing a key role in boosting China's economic growth, Lu Jin, chairman of China National Gold Group Co Ltd, said on Sunday.

Lu, who is also a member of the 14th National Committee of the Chinese People's Political Consultative Conference, highlighted flagship projects such as the C919 aircraft, domestically produced cruise ships, the Shenzhou spacecraft series and the Fuxing high-speed trains, as symbols of the capabilities and responsibilities of SOEs.

"State-owned enterprises have made significant contributions to promoting high-quality economic development, ensuring the implementation of major Party and State strategies, advancing self-reliance in high-level science and technology, and better meeting the people's aspirations for a better life," he said.

Reflecting on his visit to a manufacturing company in Hunan province, Lu Jin marveled at their efficiency, producing an excavator every six minutes and an aerial work device every seven and a half minutes.

Lu stressed the importance of supporting the development of both SOEs and private enterprises, saying more efforts should be made to promote the innovative development of enterprises and propel China's economy towards sustained growth and stability.

Related information
  • Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
  • VOX POPULI: Rooting for the Sendai killifish that survived the 2011 tsunami
  • So, you want to be an MP? These are the careers most likely to lead to Parliament
  • VOX POPULI: Like Nobita in ‘Doraemon,’ we should never give up on ourselves
  • Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
  • VOX POPULI: China remains same heartless nation as seen in grim 1984 film
  • Judge rejects Trump free speech challenge to Georgia 2020 election case
  • Judge rejects Trump free speech challenge to Georgia 2020 election case
Recommended content
  • Mohammad Mokhber: Who is Iran’s acting president?
  • Concorde makes journey along New York's Hudson River
  • Thousands of Russians join Navalny
  • Bill to make pseudoephedrine
  • Scottie Scheffler's Louisville court date postponed after arrest during PGA Championship
  • VOX POPULI: China always occupied a special place in Ozawa’s heart