China-Minister Interviews/SOE/Private Enterprises

SOEs, private enterprises promote each other in competition: official

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Shotlist


Beijing, China - March 13, 2018 (CCTV - No access Chinese mainland)
1. Xiao Yaqing, head of State-owned Assets Supervision and Administration Commission (SASAC), walking on carpet
2. SOUNDBITE (Chinese) Xiao Yaqing, head of State-owned Assets Supervision and Administration Commission (SASAC):
"I personally don't worry about it. Through the 40 years of reforms and opening up, the SOEs have become stronger and stronger. In the meantime, private enterprises, along with those of other forms of ownerships, also developed in their own way. In terms of private enterprises' quantity and their position in the national economy, they have a larger share now and are making more contributions. 'Two unwavering' [about encouraging the development of public and non-public sectors] is the foundation of our economy."
3. Various of reporters
4. SOUNDBITE (Chinese) Xiao Yaqing, head of State-owned Assets Supervision and Administration Commission (SASAC) (starting with shot 3):
"The public sector integrates and grows with private enterprises and other sectors, promoting each other and laying a foundation for the national economy. So I'm not concerned about the competition between the SOEs and private enterprises as this relation will give rise to new cooperation and new development opportunities. And they are expected to provide more services and products to the national economic growth and people's ever-growing needs for a better life."
5. Xiao leaving

Storyline


Chinese state-owned enterprises and private enterprises promote each other in their competition, with both serving the national economy and people's livelihood, said a government minister on Tuesday.

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission (SASAC), made the remarks in an interview passage reserved for government ministers who are attending the ongoing Two Sessions, in response to the worries as private enterprises seem to be overshadowed by state-owned enterprises in the central government's SOE reform.

Xiao said that the two decades of reform and opening up have seen the robust growth of the SOEs and private enterprises, with the latter making a larger and larger contribution to the country's economy.

"I personally don't worry about it. Through the 40 years of reforms and opening up, the SOEs have become stronger and stronger. In the meantime, private enterprises, along with those of other forms of ownerships, also developed in their own way. In terms of private enterprises' quantity and their position in the national economy, they have a larger share now and are making more contributions. 'Two unwavering' [about encouraging the development of public and non-public sectors] is the foundation of our economy."

The minister said that the public sector and non-public sectors are indispensable in the national economy, and their competition is conducive to the country's development and people's well-being.

"The public sector integrates and grows with private enterprises and other sectors, promoting each other and laying a foundation for the national economy. So I'm not concerned about the competition between the SOEs and private enterprises as this relation will give rise to new cooperation and new development opportunities. And they are expected to provide more services and products to the national economic growth and people's ever-growing needs for a better life," Xiao said.

The first session of the 13th National People's Congress (NPC) and the first session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) are collectively known as the Two Sessions.

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  • ID : 8075765
  • Published : 2018-03-13 12:56
  • Last Modified : 2018-03-13 20:42:19
  • Location : Beijing,China
  • Category : economy, business and finance,politics
  • Duration : 1'34
  • Audio Language : Chinese/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 3
  • ID : 8075765
  • Published : 2018-03-13 16:49
  • Last Modified : 2018-03-13 20:42:19
  • Location : Beijing,Chine
  • Category : economy, business and finance,politics
  • Duration : 1'34
  • Audio Language : Chinois/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Version : 3
  • ID : 8075765
  • Published : 2018-03-13 19:55
  • Last Modified : 2018-03-13 20:42:19
  • Location : Пекин,Китай
  • Category : economy, business and finance,politics
  • Duration : 1'34
  • Audio Language : Китайский/Естественный звук
  • Source : China Central Television (CCTV)
  • Restrictions : Недоступно материковой части Китая
  • Version : 3
  • ID : 8075765
  • Published : 2018-03-13 19:59
  • Last Modified : 2018-03-13 20:42:19
  • Location : Beijing,China
  • Category : economy, business and finance,politics
  • Duration : 1'34
  • Audio Language : Chino/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Version : 3
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