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China’s state-owned enterprise reform: Shenzhen tries to lure loyal party cadres into oversight roles

Summary:
[unable to retrieve full-text content]In an effort to fill Shenzhen’s state-owned enterprises (SOEs) with loyal and capable Communist Party cadres, authorities in the southern tech hub are encouraging local government officials and existing executives of state institutions to take up additional responsibilities in oversight roles as corporate board members.The new policy has been outlined in drafted regulations for state-owned assets of enterprises, and it is currently open to public feedback.This move comes as the influence of…

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[unable to retrieve full-text content]
In an effort to fill Shenzhen’s state-owned enterprises (SOEs) with loyal and capable Communist Party cadres, authorities in the southern tech hub are encouraging local government officials and existing executives of state institutions to take up additional responsibilities in oversight roles as corporate board members.The new policy has been outlined in drafted regulations for state-owned assets of enterprises, and it is currently open to public feedback.This move comes as the influence of…

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