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China to launch separate budget on SOE earnings
With the budget, the state would obtain the earnings from state-owned assets as the owner of enterprises,abercrombie, and spend the money according to the budget plan,hollister. The proportion should be set at a reasonable level to ensure the needs of both,air jordan pas cher, Wen said,michael kors.
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文章来源： 文章作者： 发布时间：2007-05-31 07:51 字体： [大 中 小] 进入论坛 (单词翻译:双击或拖选)May 31 - China will start a trial budget of earnings of state-owned enterprises (SOEs) under the supervision of central government within this year, the State Council decided at a meeting on Wednesday chaired by Premier Wen Jiabao.
The budget of SOE earnings would be planned independently from the government's main public spending budget.
The earnings included in the budget would be channeled to support the government's planning for industrial development, restructuring national economy, technological renovations of companies,abercrombie france, compensating SOEs with huge structural reform expenses, and supplementing the social security fund, said the premier. The new budget would be carried out at the local level according to the plans of local governments. The earnings of the SOEs would satisfy the needs of enterprises for their development,air jordan, and only a proportion of total earnings would go into the budget,michael kors outlet. Wen said the special budget system was an important step in the income distribution reform of state-owned enterprises, and would help companies improve technologies and competitiveness, adding the government's macro-economic control would be strengthened as well. Related articles:
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