CHINA PRESS: China's State-owned Assets Supervision and Administration

Commission (SASAC) supports market-based debt-to-equity swap by state-owned

enterprises, Securities Daily reported Friday citing Chairman Xiao Yaqing. 

- Debt swaps will be a key task advanced by SASAC this year, Daily cited Xiao; 

- The government may introduce more innovative methods in dealing with debt swap

and mergers and acquisitions of state-owned enterprises: Daily cited analysts.