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A state-owned enterprise of the People's Republic of China (Chinese: 国有企业) is a legal entity that undertakes commercial activities on behalf of an owner government. As of 2017, the People's Republic of China has more SOEs than any other country, and the most SOEs among large national companies.
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. [ 1 ]
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
There were only 1.5 million in 1978, at the start of the Reform period, and after the State Council of the People's Republic of China first officially used the term "Township and Village Enterprises" in March, 1984, [7] number of TVEs had been over 12 millions by 1985. The reforms of 1978 changed TVEs, which became the most vibrant part of the ...
Six days after the deadline passed to apply for a renewal of its China Internet business license, Google (GOOG) had yet to get an answer from the government, the search giant said Monday. "We are ...
Prior to March 2018, the State Administration for Industry and Commerce (SAIC; Chinese: 国家工商行政管理总局) was the authority in the People's Republic of China responsible for advancing legislation concerning the administration of industry and commerce in the People's Republic. [1]
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The secretary of state of Illinois is one of the six elected executive state offices of the government of Illinois, and one of the 47 secretaries of state in the United States. The Illinois secretary of state keeps the state records, laws, library, and archives, and is the state's corporation registration , vehicle registration and driver ...