State Council, Several Opinions on Encouraging and Guiding the Healthy Development of Investments from the Private Sector
国务院关于鼓励和引导民间投资健康发展的若干意见
Private sector investments allowed in commercial bank equity investment.
Issue: June 2010
CLP Reference: 2100/10.05.07
Promulgated: 07 May 2010
Keywords (click to search):
private sector
investments
Issued: May 7 2010
Main contents: The Opinions clearly define the scope of government investment. Investment by the government is mainly used for economic and social sectors that matter to national security and where the market is unable to effectively allocate resources (Article 2).
Capital from the private sector will be encouraged to participate in the following sectors:
(i) Transport-related construction: Investments in projects such as highway, water transport, port and terminal, civilian airport and general aviation facilities construction using capital from the private sector in the form of wholly-owned structure, controlling shareholding or equity participation will be encouraged. The establishment of investment funds for the railway industry will also be explored (Article 5).(ii) Power generation: Investments in alternative energy industries such as...
Please login or register below to read this article.