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Trending Topics State-owned Enterprise ReformState-owned enterprises, as the driving force of the national economy, are implementing comprehensive reforms to their systems, mechanisms, and management structures in order to become stronger, more efficient, and more profitable, while also playing a greater role in the development of a modern industrial system and a new economic growth model. Grant Thornton China has extensive experience in serving state-owned enterprises and a strong professional service team. This enables us to provide effective support to state-owned enterprises in establishing a modern enterprise system with a full range of professional services. Our services are tailored to the specific needs of state-owned enterprises, the internal demands of reform, and the challenges faced by enterprises in the process of reform. This helps to improve economic efficiency and enhance vitality and competitiveness.
Grant Thornton China's Advantages
Regulatory authorities coordination
We are well versed in the specific regulations of the Ministry of Finance, SASAC and other regulatory authorities on the management of state-owned assets. We have been invited to participate in the State-owned Assets Supervision and Administration Commission of the State Council (SASAC)'s final accounts audit, or to participate in collaborative audits. Furthermore, we have been entrusted with the dispatch of expert teams to carry out concentrated key inspections, internal control reviews and evaluations, special governance audits, economic responsibility audits, and overseas assets inspections. We have received high recognition and praise from the SASAC.
Rich experience
Over the years, we have built up a strong industry presence, serving a diverse range of clients, including central enterprises and local state-owned enterprises. Our client base includes energy, chemical, non-ferrous metals, trade, real estate, equipment manufacturing, aviation, aerospace, weapons, electric power, finance, agriculture, forestry, animal husbandry and fishery, transportation, and other sectors. We also offer comprehensive special management, deleveraging, de-debt, corporate investment, M&A, corporate accounting standards implementation, and other professional training. We are able to collaborate with enterprises to facilitate transformation and upgrading seminars, or to assist with the organisation of financial professional competitions. Our areas of service for state-owned enterprises continue to expand.
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