Suzhou Industrial Park held a working conference on the morning of April 13 to review the work in state assets and state-owned enterprises (SOEs) in 2015 and to plan for development in the "13th 5-year plan" period and assign main tasks for the year 2016.

In 2015, SIP made great strides and achieved remarkable results in the market-guided reform in state assets and SOEs with focus on system and mechanism innovation, strategic restructuring, optimization of supervision over state assets, and cultivation of mixed-ownership economy. By the end of December 2015, the state assets in SIP totaled 189.431 billion yuan, the SOEs reaped business revenue of 19.319 billion yuan, and invested 14.493 billion yuan in fixed assets (of which 12.82 billion yuan was invested within SIP), accounting for 23.69% of the total investment in fixed assets in SIP at a steady rate of increase.

The year 2016 will see the full implementation of all the policies concerning the reform of state assets and state-owned enterprises in SIP, in which SIP is to exercise administrative powers at differentiated levels and constantly optimize top-level planning, to readjust the state-owned economic deployment and optimize capital allocation, to deepen SOE reform and give full play to market mechanism, to uplift the quality of state assets growth by prioritizing economic results, to implement in earnest the obligations of investors so as to exercise effective supervision over state assets, and to further improve the work style of SOE contingent to rally concerted efforts in reform and development.

Six SOEs, including Oriza Holdings, were honored as advanced units in SIP, and all the SIP SOEs submitted letters of commitment in safe production, safe SIP construction, complaint handling, social stability, and fire prevention during 2016.