The law on state-owned assets of enterprises
October 28, 2009 | BY
clpstaff &clp articlesA newly-published law is a significant step towards better regulation of operational and finance state assets, but implementation is likely to raise accountability, administrative and judicial issues. Further legislation is essential
Managing state assets effectively is important. It is particularly so in China because of the planned economic system which favours state ownership. Economic reform has led to a large number