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Future of SOEs not in doubt, protection of private economy 'unswerving', says Xi

chinadaily.com.cn | Updated: 2018-09-28 00:23

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President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, speaks to workers during his visit to China National Petroleum Corporation (CNPC) Liaoyang Petrochemical Company in Liaoyang, Northeast China's Liaoning province, Sept 27, 2018. [Photo/Xinhua]

"Such statements as 'there should be no State-owned enterprises' and 'we should have smaller-scale State-owned enterprises' are wrong and slanted," Xi said while inspecting the China National Petroleum Corporation (CNPC) Liaoyang Petrochemical Company.

The principle of having Communist Party of China's guidance of State-owned enterprises must be consistently followed, he added

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