in "one-company towns" where the SOE

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in "one-company towns" where the SOE

Postby zhangsan520 » 09 Nov 2018, 15:32

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State-owned enterprises (SOEs) will transfer parks, transport infrastructure and other "social functions" to local authorities by the end of this year, regulators said on Monday, part of the country's ongoing efforts to reform the State sector.


The State-Owned Assets Supervision and Administration Commission (SASAC) said in a notice that SOEs must transfer functions that "do not match the main direction of their business development" to local authorities.


The heavily indebted SOEs are under pressure to ditch schools Bengals A.J. Green Jersey , hospitals, retirement homes, fire fighting services and other "social functions" to cut costs and focus on their core businesses.


The assets, which also include water supply and household sewage treatment infrastructure, as well as environmental and public health facilities Bengals Andy Dalton Jersey , will be transferred to local governments free of charge, the SASAC notice said.


From 2018, no SOE will be obliged to cover the costs of "social functions" that have already been transferred to local governments, according to the commission's notice.


The reform process has been complicated, however Tyler Kroft Color Rush Jersey , with under-resourced local governments unable to afford to renovate rundown SOE-owned infrastructure or cover the health care, education and pensions of thousands of retired workers and their families, especially in "one-company towns" where the SOE was the major source of income.




Lucie Safarova (L) of the Czech Republic and Bethanie Mattek-Sands of the United States hold their winners trophy after the women's doubles final with Ashleigh BartyCasey Dellacqua of Australia at the French Open tennis tournament 2017 at Roland Garros in Paris, France on June 11, 2017. (XinhuaHan Yan)


PARIS Jake Fisher Color Rush Jersey , June 11 (Xinhua) -- Top seeds Bethanie Mattek-Sands and Lucie Safarova showed their dominance on the women's doubles court as they claimed another Grand Slam title after the Australian Open early this year.


They eased past Australian duo of Ashleigh Barty and Casey Dellacqua 6-2, 6-1 in the 2017 French Open final here on Sunday.


Without any double faults or unforced errors, the duo of Mattek-Sands and Safarova fared stable to break six times to seal the win in just one hour and six minutes.


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