On April 27, Suzhou Industrial Park called a meeting on the work of state capital and state-owned enterprises (SOEs) to review the work in past year, analyze the current situation and new opportunities, and assign tasks for the new round of reform and development.

In 2014, the "year of structural readjustment", guided by market-driven reform, the work in state capital and SOEs was carried out in the reorganization of state capital and SOEs, tiered management of SOEs, the reform of mixed ownerships, and the restructuring of state capital supervisory system with noticeable results. SOEs have sped up their reform and played an important part in serving the overall development and sustainability of SIP. By the end of 2014, SIP SOEs owned the total assets of 177.461 billion yuan and net assets of 54.312 billion yuan, and registered annual business revenue of 19.785 billion yuan and investment of 17.953 billion yuan in fixed assets in steady operation.

The year 2015 is a crucial year for all-round in-depth reform, and an important stage for state capital and SOEs to push forward reform and innovative development. To take up the new tasks and challenges, Wang Xiang, Standing Committee Member of CPC Suzhou Municipal Committee and Secretary of CPC SIP Working Committee, raised three points of requirement: to deepen reform and innovation to improve competitiveness at market, to establish modern enterprise system to ensure scientific and rational supervision of state capital, and to raise the level of Party building so as to implement all the requirements of strict Party governance.

At the meeting, Suzhou Oriza Holdings and other 5 SOEs were given a collective citation, and all the SOEs present at the meeting signed the letters of pledge on safe production, social security, complaint handling, and annual goals.