Conch Group,full of Vigor by Mixed Economy

Time:2014-04-19 00:00

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  “Conch Group is the successful economy of mixed ownership in Anhui Province, and holds sustainable driving force in management innovation”, Anhui provincial Party committee top leader commented during the spirit learning meeting of the third plenary session of 18th CPC National Congress. Mixed economy has driven Conch Group to be vigorous, one important indicator being the sharp increase of state-owned property. Until the end of last year, the total asset and net asset of Conch Group have increased respectively 8.14 and 24.4 times than before restructuring. During the third plenary session of 18th CPC National Congress, the mixed ownership economy mode has been raised, of which Conch Group is a good example. Conch Group leads the direction of state-owned enterprises restructuring.(translator:Huxiaohong)

Sources: Cement Geography