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China sets up special fund worth 30 bln yuan to revitalize SOEs' land assets(Xinhua) 15:32, July 05, 2024
BEIJING, July 5 (Xinhua) -- China held a founding ceremony on Friday marking the official establishment of a special fund to revitalize the land assets of state-owned enterprises (SOEs).
Approved by the State-owned Assets Supervision and Administration Commission of the State Council, the fund is worth 30 billion yuan (about 4.2 billion U.S. dollars).
(Web editor: Zhang Kaiwei, Liang Jun)
