GF 323
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Analysed by main ownership types, while industrial output
from non-state-owned
45%
/
enterprises was up sharply by between
that from state-owned enterprises
and 69% (3) increased by only 10%(4). As a result, the share of
(3) Gross industrial output in real terms, analysed by
main ownership types of industrial enterprises:
Value of output
Increase
over
1H 1992
(응)
(4)
Gross industrial output*
of which:
State-owned enterprises
Collectively-owned enterprises
of which:
Rural and township
enterprises
Foreign-funded and
private enterprises
in H1 1993
(Rmb Bn)
1,666.2
25.1
904.1
10.0
593.2
45.0
358.6
69.4
168.9
68.7
* Excluding output from village-run enterprises.
By
the end of June 1993, 31.1% of the state-owned enterprises were still suffering losses, compared with 32% recorded at end-June 1992.
In early August 1993, Chinese leaders met to assess the progress made in the implementation of the Regulations for Transformation of Operating Mechanism of State-owned Enterprises since their promulgation in July 1992. At the meeting, Vice Premier Zhu Rongji directed that future efforts should be devoted to the following three main areas, viz:
(i)
accelerating departments
stipulated
government
(ii)
developing
(iii)
government
the transformation of government to facilitate transfer of the rights in the aforesaid Regulations from departments to state-owned enterprises;
a proper relationship between the and individual state-owned enterprises, as well as а sound legislative framework for improving internal management of these enterprises through introduction of, say, the Enterprise Accounting Regulations and the Enterprise Finance Regulations; and
rendering a
better supervision of these enterprises and a better custody of the state
assets.
The present stated intention is for two-thirds of the state-owned enterprises to become fully market-oriented within three years and the rest within a further two
CONFIDENTIAL #
機密