China has about 150,000 absolute state-owned enterprises (SOEs), of which 50,000 are owned by the central government and the rest by local or provincial governments, according to the US government’s State Department. State-owned enterprises, both central and local, account for 30-40% of total Gross Domestic Product (GDP) and
The Federal Electricity Commission (CFE) plans to start a public telecommunications network in 2021, the Ministry of Finance reported in the Economic Package. In 2021, the consolidation of the Subsidiary Productive Companies (EPS) CFE Telecomunicaciones e Internet para Todos will continue, to which a budget of 1,986.2 million
Mexico opened markets for exports of grapes, blackberries and bananas, among other products. From September 2019 to June 2020, the Mexican government completed eight negotiations to open markets for exports of the following merchandise: table grapes to South Korea; blackberries to China; blackberry fruits to South Africa; cuttings
The Ministry of Finance proposed, for Highway Los Herrera-Tamazula, an item of 437 million pesos to be exercised in 2021. This project will promote the development of the mining sector, allowing communication and access to the mining area in Ciénega de Nuestra Señora de Guadalupe, identified as one
The peso closed the session with an appreciation of 176% or 38.3 cents, trading around 21.39 pesos per dollar, touching a minimum of 21.3582 pesos, a level not seen since March 13. In the session, the peso was the second most appreciated currency behind the South African rand,
The National Hydrocarbons Commission (CNH) administers 111 contracts for the exploration and extraction of hydrocarbons, in which 73 oil companies from 20 countries participate, including Pemex, according to information as of June 30. Of the current contracts, 103 derive from Bidding Rounds, three are Associations with Pemex and