this post was submitted on 24 Dec 2025
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China’s Xi urges state giants to be pillars of national development (www.scmp.com)
submitted 1 month ago by rss@news.abolish.capital to c/china@news.abolish.capital
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President Xi Jinping has instructed central state-owned enterprises (SOEs) to serve as the bedrock of national development, urging them to drive industrial upgrading and secure critical technologies in the next phase of China’s growth. “Central SOEs must fully recognise the responsibilities and missions they shoulder and better serve the overall priorities of the party and the state,” he stressed in remarks conveyed to a meeting of central SOE leaders in Beijing on Monday and Tuesday, though he...

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