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China to boost state-owned asset management reforms

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China will speed up reforms on how state-owned assets are managed, the country's finance ministry said in a statement published on its website on Wednesday.

[BEIJING] China will speed up reforms on how state-owned assets are managed, the country's finance ministry said in a statement published on its website on Wednesday.

Areas in which the ministry said it would focus include streamlining management processes and improving control of government department budgets.

The statement was dated Aug 28 and posted on the ministry's website on Wednesday.

REUTERS

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