Government and Policy

Beijing Timetable for reform laid out

(China Daily)
Updated: 2011-06-03 09:41

The Chinese government announced a detailed timetable for the reform of public institutions, State media reported on Thursday.

Starting this year and continuing until 2015, the government will classify public institutions in accordance with their functions, said the statement from a reform work conference.

Before 2020, public institutions operating commercial businesses, for example, publishing houses, media organizations, stadiums and film studios, will become independent enterprises responsible for their own profits, the statement said.