The Cape Town Convention comes into effect in China on June 1. It will provide a welcome boost to the aviation industry, provided the authorities apply it properly
Transfers of state-owned assets and equity of unlisted enterprises shall be publicly carried out through lawfully- established assets and equity exchanges at the provincial level and above.
According to the Measures, state-owned equity or shares of providers of basic telecommunications services shall account for no less than 51% of the total equity or shares.