The Circular on Promoting the Compliant Development of Equity Investment Enterprises(关于促进股权投资企业规范发展的通知) developed from Circular 253, which was promulgated in January 2011.
Why PE funds need to file
A new government circular has mandated nationwide filing for all private equity funds. Although the first national rule to regulate PE funds in China is a step forward, crucial questions remain unanswered
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