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SASAC holds promotion conference of deepening reform of state-owned assets and SOEs of Northeast region

2020-10-22

On October 21 in Dalian, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held a promotion conference of deepening the reform of state-owned assets and SOEs of the Northeast region, as well as summarise and exchange relevant good experience and good practices, especially regarding China Merchants Group's reorganisation and integration of ports in Liaoning Province. Weng Jieming, Member of the CPC Committee of SASAC and Vice Chairman of SASAC, Cui Fenglin, Deputy Governor of Liaoning Province, and Miao Jianmin, Chairman of China Merchants Group, attended the conference and delivered speeches. Weng Jieming said that China Merchants Group fulfilled its responsibility as a central SOE and implemented the strategy of rejuvenation of the Northeast. He recognised the achievements of ports in Liaoning made after integration and further emphasised that the purpose of holding this conference in Dalian is to allow extensive learning of China Merchants Group's experience.


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China Merchants Group (CMG), a key state-owned enterprise directly administered by the central government, is headquartered in Hong Kong and stands as one of the earliest Chinese-funded enterprises established and operating in the region. As a century-old, comprehensive, and Hong Kong-based central enterprise, CMG has been upholding its corporate mission of “To Lead the Times with Business Success” and core values of "With a Shared Destiny with Our Country, to Grow in Tandem with the Era."

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