To resolve the high debt leverage - China's large enterprises have greater respo

Hong Kong, November 1, 2017 - Thanks to the improvement in its own profitability and the government's policy of overburdening the industry's inefficient and overburdened debt, the surge in debt growth in the Chinese business sector will take control over the next two years. However, to make the current high corporate debt lever down, it is difficult to reach in a matter of time. S & P Global Ratings is based on the recent survey of 220 largest enterprises in China, and the 220 largest companies rankings released yesterday as "the slowdown in the turbulent debt train - China's 220 largest companies have greater Buffer space "in a text.

"Our survey reflects that the Chinese business sector is currently addressing the timing of the rapid growth of debt as product prices have rebounded after five years of downturn, market demand and corporate profitability improvements," said Li Guoyi, a global credit rating analyst at S & P. The company has also benefited from efforts to reduce costs and control capital expenditures. "

In key industries, the capital and mining, oil and natural gas industries cut capital spending to the greatest extent possible to ease the negative impact of the continued decline in commodity prices from 2015 to 2016. Now, the industry is becoming the biggest beneficiary of commodity prices to pick up. State-owned enterprises are dominated by commodities and upstream industries.

In addition, in guiding the state-owned enterprises to control and reduce the leverage of policy measures under the guidance of enterprises have become more careful planning.