The Symposium for the Development of State-owned Assets Management Reporting System was jointly convened by The Standing Committee of Zhongshan Municipal People’s Congress and Zhongshan People’s Government on September 19.

The meeting underlined to develop an expedite coordination mechanism in order to advance orderly state-owned assets reporting work. Accordingly, Zhongshan will establish “municipal government to the Standing Committee” state-owned assets reporting system in 2018, and “township governments to township standing committees” state-owned assets reporting system in 2019. By the end of 2020, Zhongshan will establish the full coverage state-owned assets reporting system covering the management of state-owned assets of enterprises, administrative state-owned assets and state-owned natural resources.