The law on state-owned assets of enterprises

    October 28, 2009 | BY

    clpstaff &clp articles

    A 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

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    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