July 8, 2018 / 11:34 AM / 9 months ago

China issues guidelines on management of state-owned financial capital: state TV

FILE PHOTO: A 100 Yuan note is seen in this illustration picture in Beijing March 7, 2011. REUTERS/David Gray/File Photo/File Photo

BEIJING (Reuters) - China has issued guidelines on improving the management of state-owned financial capital, China’s official state television reported on Sunday.

State television CCTV said the guidelines call for state-owned firms to preserve and improve their financial capital, better serve the economy and fend off potential risks. The report did not elaborate.

Reporting by Beijing Monitoring Desk; editing by John Stonestreet

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