Reorganization Leads to Separation of 800,000 People, 90.5 Bn Yuan Assets from MOR

Help | Sitemap | Archive | Advanced Search | Mirror in USA



CHINA BUSINESS OPINION WORLD SCI-EDU SPORTS LIFE WAP SERVICE FEATURES PHOTO GALLERY
	INTERACTIVE
	Message Board
	Feedback
	Voice of Readers
	China Quiz





	China At a Glance
	Constitution of the PRC
	State Organs of the PRC
	CPC and State Leaders
	Chinese President Jiang Zemin
	White Papers of Chinese Government
	Selected Works of Deng Xiaoping
	English Websites in China



	Help About Us SiteMap Employment
	MIRROR

	U.S. Mirror Japan Mirror Tech-Net Mirror Edu-Net Mirror

Thursday, November 30, 2000, updated at 21:46(GMT+8)

Business

Reorganization Leads to Separation of 800,000 People, 90.5 Bn Yuan Assets from MOR

Following the separation of railway universities from railway departments, five large companies under the Ministry of Railways (MOR), which have a staff of 800,000 employees, were changed to belong to the central enterprise working committee and to engage in independent management. At the same time, news reports say that the dissociation of these five big enterprises will involve 90.5 billion yuan worth of assets.

Their detachment from the Ministry of Railways will mean their loss of the source of fixed asset investment and the loss of special policy protection; it also means their obtainment of a good opportunity for self-development.

By PD Online staff Deng Gang


Print	Discuss It	Recommend to your friend

In This Section



	Following the separation of railway universities from railway departments, five large companies under the Ministry of Railways (MOR), which have a staff of 800,000 employees, were changed to belong to the central enterprise working committee and to engage in independent management.




Advanced Search