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2017年CRI Share swap program to get oversight

时间：2018-03-01 05:40:34

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Media reports suggests that 3 to 5 state firms, as well as 2 central financial institutions, have been included in the first batch1 of a share-swap program, in the latest bid to reform the country's state-owned enterprises.

A proportion of shares of these companies and institutions will be transferred to the country's social security fund.

China's finance ministry2 is going to be in charge of the pilot program.

Earlier this month, the State Council announced that 10% of State-owned equity3 will be transferred to the Social Security Fund.

For more on this, the Beijing Hour's Paul James earlier spoke4 with John Ross, senior fellow with Chongyang Institute for Financial Studies, Renmin University.


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1 batch HQgyz     
n.一批(组，群)；一批生产量
参考例句：
  • The first batch of cakes was burnt.第一炉蛋糕烤焦了。
  • I have a batch of letters to answer.我有一批信要回复。
2 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
3 equity ji8zp     
n.公正，公平，（无固定利息的）股票
参考例句：
  • They shared the work of the house with equity.他们公平地分担家务。
  • To capture his equity,Murphy must either sell or refinance.要获得资产净值，墨菲必须出售或者重新融资。
4 spoke XryyC     
n.（车轮的）辐条；轮辐；破坏某人的计划；阻挠某人的行动 v.讲，谈（speak的过去式）；说；演说；从某种观点来说
参考例句：
  • They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
  • The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。

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