SCIO briefing on the performance of centrally administered SOEs in Q1

The State Council Information Office held a press conference in Beijing on Monday to brief the media on the performance of state-owned enterprises managed by the central government in the first quarter of 2020. April 22, 2020

Peng Huagang:

"Four guarantees" refers to work in the following four respects: First, we must guarantee the country's economy and people's livelihood. Efforts will be made to fully ensure supplies of primary products and services, including coal, electricity, petroleum, gas, communications, and grain, so as to provide powerful support for maintaining normal economic and social order. Second, we are guaranteeing the implementation of major projects. We will make all-out efforts to ensure that major science and technology programs, major projects set out in the 13th Five-Year Plan, and major projects under the Belt and Road Initiative (BRI) can be steadily advanced and implemented as scheduled. Third, we will guarantee workplace safety. We will require enterprises to strictly assume primary responsibility for safety, and launch a three-year full-scale special campaign to ensure workplace safety as the epidemic prevention and control will probably become a long-term new normal. Fourth, we will guarantee high-quality development. We will follow the new development philosophy, put quality first and give priority to performance. We will work hard for better quality, higher efficiency, and more robust drivers of economic growth through reforms. We will strive to achieve economic growth with quality and efficiency to better serve the work of the Party and the country. 

"One strengthening" means that we will uphold the leadership of the Communist Party of China (CPC) and strengthen Party building. In this respect, we will bring into full play the leadership role of the Party committees or leading Party members' groups at central SOEs, the pivotal role of the Party organizations at all levels, and the vanguard and exemplary role of the Party members and officials. By so doing, we will be able to provide a strong guarantee for coordinating the epidemic prevention and control work with the reform and development of our enterprises. 

Under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the SASAC and central SOEs will strengthen consciousness of the need to maintain political integrity, think in big-picture terms, follow the leadership core, and keep in alignment. They must also increase confidence in the path, theory, system, and culture of socialism with Chinese characteristics; and resolutely uphold General Secretary Xi Jinping's core position on the Party Central Committee and in the Party as a whole, and resolutely uphold the Party Central Committee's authority and its centralized, unified leadership. We will conscientiously implement the policy decisions and plans of the CPC Central Committee and the State Council, face up to difficulties, and work hard to regain the lost time caused by the outbreak and reduce economic losses. We will ramp up efforts to secure our annual growth targets, and make more contributions to achieving the goal of securing a decisive victory in building a moderately prosperous society in all respects and winning victory over the battle against poverty.

Next, Mr. Xia Qingfeng and I will take your questions. 

Xi Yanchun: 

Thanks to Mr. Peng Huagang for his introduction. Now, the floor is open to questions. Please identify your media organization before asking questions.

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