国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

Foreign investors able to buy large SOEs
By Wu Yong in Shenyang and Fu Jing in Beijing (China Daily)
Updated: 2005-09-16 05:57

International investors may take full control of almost all State-owned enterprises (SOEs) in Northeast China's Liaoning Province, according to an announcement yesterday by the province's Vice-Governor Li Wancai. The only exceptions to the new rules are SOEs under control of the central government and coal mines.

Li Wancai, vice-governor of Liaoning

"The ceiling percentage for foreign investment is 51 to 100 per cent. Foreign investors may take full control of all provincial SOEs except coal mine companies in Liaoning."

Li said Liaoning will push forward 200 items for international co-operation in such industries as manufacturing, petrochemicals and pharmaceuticals.

Liaoning is one of the last bastions of the planned economy in China where SOEs still dominate. International co-operation had been restricted to small and medium-sized SOEs and private companies.

Large SOEs have previously been a minefield for foreign investors. Although there has been co-operation, foreign investors have never been allowed a majority share.

Now, according to Li, international investors may take full control.

"This is a positive policy. I believe it will help the region attract more foreign investment," said Edgar Hotard, board chairman of Monitor Group in China, an international consultancy.

Close