Director of the State-owned Assets Supervision and Administration Commission of the State Council, Zhang Yuzhuo: Next step will continue to make good use of the EVA assessment, guiding enterprises to strengthen calculating before investing.

On September 17, Zhang Yuzhuo, the director of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), stated at the "High-quality completion of the 14th Five-Year Plan" themed press conference held by the State Council Information Office that since 2010, SASAC has been exploring the use of the Economic Value Added (EVA) assessment in practice. Over the past decade, central enterprises have increased the annual economic value from over 380 billion yuan to 1.2 trillion yuan. In the next step, SASAC will continue to utilize the EVA assessment to guide enterprises to prioritize profits before investment.