State-owned Assets Supervision and Administration Commission of the State Council: Study further deepening of the reform plan for state-owned assets and state-owned enterprises, and promote state-owned capital and state-owned enterprises to become stronger, better, and bigger.

According to the Zhitong Financial APP, on May 15th, the leading group for deepening reform of the State-owned Assets Supervision and Administration Commission of the State Council held its first full meeting for the year 2025. The meeting emphasized the need to plan the next steps for deepening the reform of state-owned assets and state-owned enterprises from a high starting point, promote the modernization with Chinese characteristics in the new era and new journey, adapt to the requirements of a high-level socialist economic system, coordinate between "letting go" and "managing well", focus on solving the deep-seated institutional problems that restrict the high-quality development of state-owned enterprises, establish production relations that are more in line with the new productive forces, promote state-owned capital and state-owned enterprises to become stronger, better and bigger, enhance core functions, improve core competitiveness, and better fulfill their strategic mission.