SOEs crucial to China's economic growth
State-owned enterprises are playing a key role in boosting China's economic growth, Lu Jin, chairman of China National Gold Group Co Ltd, said on Sunday.
Lu, who is also a member of the 14th National Committee of the Chinese People's Political Consultative Conference, highlighted flagship projects such as the C919 aircraft, domestically produced cruise ships, the Shenzhou spacecraft series and the Fuxing high-speed trains, as symbols of the capabilities and responsibilities of SOEs.
"State-owned enterprises have made significant contributions to promoting high-quality economic development, ensuring the implementation of major Party and State strategies, advancing self-reliance in high-level science and technology, and better meeting the people's aspirations for a better life," he said.
Reflecting on his visit to a manufacturing company in Hunan province, Lu Jin marveled at their efficiency, producing an excavator every six minutes and an aerial work device every seven and a half minutes.
Lu stressed the importance of supporting the development of both SOEs and private enterprises, saying more efforts should be made to promote the innovative development of enterprises and propel China's economy towards sustained growth and stability.
Related articles
What a blast to work at NASA. Space agency is sky
WASHINGTON (AP) — Exploring the cosmos makes for happy employees, federal workers like to work from2024-05-21- Delegates attend the launch ceremony of a block train service for facilitating transportation of pro2024-05-21
Double blow for UK's Johnson as two Cabinet ministers quit
[PHOTO/AGENCIES]The United Kingdom's finance minister, Chancellor of the Exchequer Rishi Sunak, and2024-05-21G7 seeks cooperation on evacuation, refugees amid chaos in Kabul
Photo taken on Aug. 15, 2021 shows closed shops in Kabul, capital of Afghanistan.(Photo by Rahmatull2024-05-21Yvette Fielding says her Most Haunted co
Yvette Fielding claims her Most Haunted co-star Derek Acorah was a fake who tried to grope and kiss2024-05-212022 UK Chinese Dragon Boat Festival celebrated in Salford
Contestants compete during the 2022 UK Chinese Dragon Boat Festival in Salford, Britain, May 29, 2022024-05-21
atest comment