Off the wire
• Urgent: China targets 3.4 pct cut in energy intensity  • Urgent: China vows to cut excessive urban real estate inventory  • China to lift over 10 mln people out of poverty in 2017  • Urgent: China to strengthen maritime, air defense and border control  • China declares to oppose protectionism of any form  • Urgent: China sets fiscal deficit at 3 pct of GDP this year  • Urgent: China 2016 growth outpaces most other economies  • Urgent: China to pursue prudent, neutral monetary policy in 2017  • 1st Ld-Writethru: China to strengthen maritime, air defense and border control  • Urgent: China to keep yuan stable in global monetary system  
You are here: 　 Home

China vows efforts to bring down corporate leverage

Xinhua, March 5, 2017 Adjust font size:

China will make reducing corporate leverage a major work priority in 2017, according to the government work report available to media Sunday morning ahead of the annual parliamentary session.

The government will place tighter constraints on companies' leveraging, especially state-owned enterprises, to gradually bring down corporate debt to an acceptable level, the report pledged. Endi