8 State-owned enterprises in Guiyang incentivized to reform

The State-owned Assets Supervision and Administration Commission of the State Council recently released the latest list of enterprises involved in "Scientific Reform". According to the list, 11 enterprises from Guiyang have been selected.

Enterprises involved in "Scientific Reform" are those that are deepening market-oriented reforms and enhancing their independent innovation capabilities.

The State-owned enterprises in Guiyang on the list are Guizhou Space Appliance Co, Guizhou Zhenhua Fengguang Semiconductor Co, Guiyang Aluminium Magnesium Design & Research Institute, Vontron Technology Co, PowerChina Guiyang Engineering Co, Guizhou Qiantong Intelligent Technology Co, Guizhou Zhongnan Transportation Technology Co, and Wengfu Group.

The deepening of the "Scientific Reform" aims to vigorously foster forward-looking strategic emerging industries.

Guiyang is continuously deepening and enhancing State-owned enterprise reforms, of which the promotion of technological innovation is a key aspect. The selected enterprises will strengthen the collaborative tackling of key core technologies and the transformation of scientific research achievements.