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Qingdao releases highlights for economic system reform in 2004

http://www.qingdaonews.com 2004-03-16 09:44:34


3/4/2004

Qingdao has recently released highlights for its economic system reform in 2004, which cover 10 main aspects.

Some of the highlights include accelerating the strategic adjustment of state owned economy and implement an open style, multiple renovations to large and medium sized enterprises and establishing new state owned assets operation budget system and perfecting the examining system for increment of state owned assets. Enhancing the enterprises¡¯ marketing and financing capability and speeding up the establishment of the capital market. Promoting and perfecting the annual pay system in enterprises and building up the long term system for the development of enterprises. Supporting local non-state run enterprises and introducing more from out side of Qingdao. Finally guiding these enterprises to participate in the reform of state owned enterprises; deepening the reforms in institutions; accelerating the development of county economy, and promoting the shift of functions of the government.

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