SASAC prepares regulation on SOEs' investments
The State-owned Assets Supervision and Administration Commission is drawing up regulation to prevent the law risks of central State-owned enterprises in overseas markets, which will be put in place by the end of the year.
The regulation will clarify SASAC's requirements on central SOEs' overseas investments, property rights and assets' law risks in different investing s of different countries.
Data from SASAC showed that the number of overseas subsidiaries of 118 central SOEs has reached 693, while the total SOEs' total assets in foreign markets was valued at 629.9 billion yuan ($102.5 billion) in 2010.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
Registration Number: 130349

FOLLOW US