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China vows efforts to bring down corporate leverage

Source: Xinhua   2017-03-05 08:21:10

BEIJING, March 5 (Xinhua) -- 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.

Editor: An
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China vows efforts to bring down corporate leverage

Source: Xinhua 2017-03-05 08:21:10
[Editor: huaxia]

BEIJING, March 5 (Xinhua) -- 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.

[Editor: huaxia]
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