Officials inspect reforms of State-owned enterprise

In an effort to drive a new wave of State-owned enterprise reforms, officials from the CPC Guiyang municipal committee carried out an inspection and guidance visit to the Guiyang Industrial Development Holding Group on Oct 10. This initiative is meant to provide enhanced support for the high-quality development of Guiyang City and Guian New Area.

During the visit, the officials thoroughly inspected the progress of reforms and development within the group, with a particular emphasis on the pivotal role that State-owned enterprises play in supporting and safeguarding the high-quality development of Guiyang City and Guian New Area.

The group was urged to deepen reforms and innovations, continuously optimize its corporate structure and management systems, and establish a hierarchical, categorized, and regional assessment system.

Furthermore, officials underscored the importance of strengthening the State asset management system – including the dynamic supervision of assets, debts, investments, financing, and guarantees – to mitigate financial and security risks.

This guidance was expected to inject new momentum into State-owned enterprise reforms in Guiyang and pave the way for the implementation of more high-tech, high-growth, and high-value-added industrial projects in the future.