CHINA PRESS: Support Firms "Going Global" - Shanghai Mayor

Apr-11 01:18By: Lewis Porylo

Firms will receive more support for their global aspirations, with state-owned enterprises given help to expand overseas, according to Gong Zheng, Shanghai's mayor. Speaking at an executive meeting, Gong said SOEs need support to build cross-border service networks and leverage information technology to assist their internationalisation efforts. He stressed the government will prioritise supply and stable prices of agricultural commodities in 2023 and will make efforts to revitalise rural areas.