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Government officials, experts and scholars attending a forum on the operation of state-owned assets urged the managers of state-owned assets operation companies to make improvements in their work.
Managers of nearly 30 state assets management companies participated in the forum, which opened in east China's Shanghai on Thursday.
The reform of the state economy is accelerating, the total volume of state-owned assets is growing rapidly and there is steady improvement in the quality and structure of state-owned assets, said Li Chunman, an official from the Ministry of Finance.
But problems still persist with regard to the structure, quality and performance of the assets, Li said. China should accelerate the pace at which it develops large state-owned companies, strategically regrouping existing companies, and abandoning those performing poorly, he noted.
At the end of 2001, the totality of state-owned assets was valued at 10.93 trillion yuan (about US$1.32 trillion), according to statistics published by the Ministry of Finance.
(Xinhua News Agency September 6, 2002)
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