Li Keqiang 李克强 finally moved into politically tricky SOE reform, calling for slimmer and healthier firms as Central Commission for Discipline Inspection (CCDI) censured SASAC for its failings. SASAC responded, announcing a new policy placing Party officials above boards of directors. Several SOEs have already complied. CCDI, previously limited to graft-busting, is moving into policy enforcement, condemning several other major central agencies for lagging on reform and neglecting Party values.
June: graft busters enforce reform
June: graft busters enforce reform
June: graft busters enforce reform
Li Keqiang 李克强 finally moved into politically tricky SOE reform, calling for slimmer and healthier firms as Central Commission for Discipline Inspection (CCDI) censured SASAC for its failings. SASAC responded, announcing a new policy placing Party officials above boards of directors. Several SOEs have already complied. CCDI, previously limited to graft-busting, is moving into policy enforcement, condemning several other major central agencies for lagging on reform and neglecting Party values.