Xi Jinping calls for stronger party discipline in state-owned enterprises
Xi Jinping has issued instructions for stricter party governance in state-owned enterprises, urging deeper integration of party leadership into corporate management to strengthen state capital.
Chinese President Xi Jinping has issued important instructions on party building in state-owned enterprises (SOEs), calling for sustained efforts to enforce strict party discipline across the sector, state media reported. The directive aims to provide strong safeguards for making state-owned enterprises and state capital stronger, better and larger.
The instructions were conveyed at a symposium on party building in SOEs held in Beijing. According to the meeting, Xi emphasised the need to improve the modern corporate system with Chinese characteristics, ensuring that party leadership is better integrated into all aspects of corporate governance.
The symposium also highlighted the importance of strengthening the political and organisational functions of party organisations within SOEs, promoting deeper integration of party building work with production and business operations. Xi called for enhanced leadership teams and the cultivation of high-quality, professional cadres.
Xi further stressed the political responsibility of managing party affairs, urging unwavering efforts to rectify work styles, discipline and corruption. The goal is to create a clean and upright atmosphere conducive to entrepreneurship, ultimately supporting the growth of state-owned enterprises and state capital.