The Syngenta deal, if completed, would overtake CNOOC’s 2012 purchase of Canadian energy company Nexen as the biggest foreign acquisition by a Chinese company
The finance ministry said restructuring would not include layoffs or privatizing state companies that serve a crucial public need.
The pledges come in a report issued Friday that is meant to serve as a blueprint for economic development in the coming decade
Beijing-based, state-owned CNOOC is China’s main offshore energy producer
Deal adds to flurry of spending by Chinese state-owned firms.