Helping hand - ResearchInChina

Date:2008-05-30liaoyan  Text Size:

CHINA'S state-owned enterprise supervisor has injected 500 million yuan (US$71.4 million) to help Dongfang Electric Co resume operations after the May 12 earthquake that struck Sichuan Province.

Li Rongrong, chairman of the State-owned Assets Supervision and Administration Commission, announced the investment during a tour of the company on Wednesday, China Securities Journal reported yesterday. SASAC would also channel 62.26 million yuan from centrally administered companies to support Dongfang's reconstruction, Sichuan Daily cited Li as saying yesterday.

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