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| Tekijä: | Peng, Quanyuan |
| Otsikko: | Which is the way for SOEs to lower their excessive debts (original in Chinese) |
| Lehti: | China Textile (c)
2000 : 2, p.16-17 |
| Asiasana: | DEBT PUBLIC CORPORATIONS CORPORATE FINANCE CHINA |
| Kieli: | chn |
| Tiivistelmä: | Excessive debt of SOEs is one of the heaviest burdens on them, and it is also a difficulty for them to expedite the pace of enterprises' reform, and to establish modern enterprise system, as well as to deepen the reforms for enterprises. The most obvious difficulties exhibited are as follows: tremendous amount, broad-range, and high interest rate. The enterprises should strengthen their awareness of cost, and avoid large debts. Moreover, they also ought to analyze the causes of debt, and rule the high debts, as well as make the system of allocation into good order so as to reduce high debts. In addition, push forward to reform and radically administer the high debt. In addition, push forward to reform and radically administer the high debts. |
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