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SASAC and Ministry of Industry Team up to Drive Digital Transformation of Chinese State-owned Enterprises

October 29, 2021
Source: chinabankingnews.com chinabankingnews.com
News Snapshot:
Two of China’s top government authorities have entered a cooperative agreement to accelerate the digital transformation of the state-owned sector. The State-owned Assets Supervision and Administration Commission (SASAC) announced on 27 October that it had recently executed the “Strategic Cooperative Agreement on Accelerating the Driving of the Lianghua Integration and Digital Transformation of Central State-owned Enterprises” (??????????????????????????) with China’s Ministry of Industry and Information Technology (MIIT). Under the Agreement the two parties will “jointly drive the digital transformation of central state-owned enterprises, and expedite the in-depth integration of digital technology with the real economy.” According to SASAC this will enable...
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Tags: agreement | China | Chinese | commission | development | digital | Digital China | Economy | government | information technology | Internet | IT | manufacturing | MIIT | Ministry of Industry and Information Technology | power | SASAC | State-owned Assets Supervision and Administration Commission | technology

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