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To: John Rieman who wrote (28142)	1/15/1998 5:24:00 PM
From: DiViT	Respond to of 50808

China: MEI lists top issues, goals 01/14/98 China Daily Copyright 1998 China Daily SOURCES from the Ministry of Electronics Industry (MEI) said in order to strengthen reform and adjustment of the State-owned electronics enterprises, accelerate industrial restructuring and expand exports of electronics products, MEI is determined to make efforts to solve 10 major issues: 1. Map out a plan to pull the large and medium State-owned electronics enterprises out of difficulties. 2. Forward the experiment of building 120 enterprise groups and promote 512 related enterprises to establish modern corporate systems. 3. Continue the strategy of forming large electronics companies and supervising and following-up on the top 100 electronics enterprises. 4. Strengthen efforts to carry out asset restructuring, mergers and annexations within sectors of colour TVs and computers. 5. Fully implement the policy to regulate bankrupcy, encourage mergers, lay off employees and enhance efficiency. 6. Strengthen market research and co-ordination of production and sales in sectors of VCD (video compact disc), Smartcard and mobile telecommunications products. 7. Speed up construction of the sales channels of electronics production by consolidating co-operation between the commercial sector and enterprises. 8. Formulate a plan to adjust the industrial structure, making endeavours to support a number of key products, pillar industries and production bases, backbone enterprises and famous brands. 9. Continue efforts in pushing forward "Gold" series projects, 909 project and "Double Plus" project. 10. Make public the latest developments in marketing and production of major industrial products in both home and foreign markets. MEI has also made public the 10 major goals the ministry is projected to reach in 1998. Total industrial output -- 460 billion yuan (US$55.42 billion), up 22 per cent from 1997. Increase in industrial output -- 70 billion yuan (US$8.43 billion), up 14.8 per cent from 1997. Sales -- 300 billion yuan (US$36.14 billion), up 25 per cent from 1997. Profits -- 22 billion yuan (US$2.65 billion), up 22 per cent from 1997. Export volume US$30 billion, up 20 per cent from 1997. Computerized switch machines -- 18 million lines, with 1 million exported. Computers -- 2.6 million units, with 400,000 units exported. Colour TVs -- 24 million sets, with 5 million sets exported. Video tape recorders -- 2.5 million sets, with 1.8 million exported. Integrated circuits -- 1.6 billion sets, with 1 billion large and medium circuits. (CD News)