State-owned Assets Supervision and Administration Commission of the State Council and Ministry of Finance, Circular on Matters Relevant to the Transfer of Enterprise State-owned Assets and Equity

国务院国有资产监督管理委员会、财政部关于企业国有产权转让有关事项的通知

February 28, 2007 | BY

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The transfer of state-owned assets must be done publicly, and be verified and approved in accordance with relevant provisions.

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Promulgated: December 31 2006

Main Contents: Except in special circumstances where there is a genuine need to conduct the transfer by way of agreement, transfer of enterprise state-owned assets and