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State-owned enterprises balance epidemic prevention and economic development
Date:2020-03-21 By:Haiyan Li Source:Liuzhou Daily

Liuzhou City recently held a working meeting on supervision and administration of state-owned assets in 2020, requiring enterprises supervised by the State-owned Assets Supervision and Administration Commission of Liuzhou to jointly resist economic downward pressure to achieve the goals of 8% year-on-year growth in total assets, business income and total profits as well as 10% year-on-year growth in fixed asset investment and financing in place, so as to make contributions to the economic and social development of the city.

According to the meeting, during the fight against COVID-19, over 7,000 employees of 25 enterprises of the state-owned system stick to their posts to safeguard the safety of citizen and the stability of market supply. More than 8,300 small, medium and micro-sized enterprises (including individually-owned business) owned by state-owned enterprises of the city are exempt from state-owned asset rents, property fees and interests of over 100 million yuan, showcasing the important role of state-owned enterprises in economy, and fully reflecting their political, economic and social responsibilities.

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