Aluminum Corporation of China(Chinalco) changed its name on Dec. 16 to Aluminum Corporation of China Group Co., Ltd. (Chinalco Group) To further the reform of state-owned enterprises, the central government arranged the change in ownership of SOEs from ‘the whole people’ to ‘sole state-funded’. After the restructuring, all the former Chinalco’s assets and liabilities will be inherited by the Chinalco Group.

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