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China’s central SOEs running over 3,000 projects under BRI
Chinese central government-run state-owned enterprises (SOEs) had undertaken 3,116 demonstration and influential projects under the Belt and Road Initiative, ranging from infrastructure construction to international cooperation on production capacity, the country’s state asset regulator said. The central SOEs have taken up 50 percent of the infrastructure projects already underway or in the pipeline, with contract value of more than 70 percent, according to State-owned Assets Supervision and Administration Commission of the State Council. According to the figures, central government-controlled SOEs had 10,791 ... (full story)