综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Macro

SOEs cut annual parties under frugality call

(Xinhua) Updated: 2013-01-25 17:37

BEIJING - The winds of a frugality campaign that has swept across China in recent weeks have also blown through wealthy State-owned enterprises, making them call off once-gaudy annual parties.

SOEs' celebrations used to mean banquets in starred hotels with big shows and huge prizes in the lucky draw. However, this year, a slew of such firms rescinded or scaled down their annual dinners after the Communist Party of China Central Committee promulgated a package of rules calling for official frugality.

State Development and Investment Corp (SDIC), China's largest State-owned investment holding company, didn't hold a banquet after its yearly meeting on Thursday. In the conference hall, there were no longer any red carpets, fruit, flowers, banners or balloons.

SDIC is not alone. A subsidiary of one of the country's major telecom carriers shortened its annual meeting to half a day and cut the ensuing banquet, an employee told Xinhua on condition of anonymity.

The meeting was even moved to the less prosperous southern part of Beijing to save money, she said.

As SOEs have joined the frugality movement, hotels, restaurants, florists and print shops have all seen shrinking orders from government departments and SOEs.

Earlier this week, a starred hotel on Zhongguancun Street, a road through Beijing's tech hub, was reported to have taken a call from an SOE canceling its reservation for a dinner for more than 200 people.

However, some other SOEs still decided to hold annual parties as scheduled, according to a report by the 21st Century Business Herald.

Many had already put down deposits with hotels. If they canceled the dinner, the money would have been wasted, a company executive was cited as saying.

The dinner would be much plainer than before, and there would be no more prizes like TV sets, the executive added.

Related Readings

Chinese SOEs' profits drop 5.8% in 2012

SOEs asked to reign in spending

SOEs make strong progress on listings amid reforms

Central SOEs see profits decline

SOEs continue to set up their own standalone finance houses
Hot Topics

Editor's Picks
...
阳江市| 且末县| 夏津县| 淳化县| 曲麻莱县| 禄丰县| 清新县| 仙居县| 甘肃省| 常宁市| 车致| 韶山市| 城市| 泉州市| 会理县| 阿坝| 陆川县| 长顺县| 石嘴山市| 汉沽区| 泰宁县| 尤溪县| 修水县| 肥城市| 余干县| 东至县| 泉州市| 宝清县| 高碑店市| 光山县| 峡江县| 怀化市| 贺兰县| 邵阳县| 洪湖市| 木里| 贺兰县| 扎兰屯市| 资中县| 长子县| 华容县|