Reforming China's state-owned enterprises is crucial to any economic reform efforts. A preliminary step has been made to introduce foreign investment into the public sector, and comes amid a more broadly based legislative effort to revamp China's economy.
A circular on the principles, procedures and rules regarding the transfer of state-owned shares and legal person shares in Listed companies to foreign investors issued by the CSRC, MOF and SETC.
Issued: December 1 2002Effective: as of date of issueInterpreting authority: China Securities Depositary and Clearing Corporation LimitedMain contents:…
Issued: July 18 2002Effective: Implementation of the pilot work will begin in October 2002.Main contents: This opinion commits State enterprises and governmental…
Promulgated: September 9 2002Effective: October 1 2002Applicability: These Measures apply to all financial institutions in the PRC except for financial…