久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / View

SOE reforms may provide opportunities for foreign investment

By Wu Jiangang (chinadaily.com.cn) Updated: 2015-10-30 14:05

In fact, with overcapacity, inefficient cost control, and slow industrial upgrading, they are hindering the urgent transition of economic growth pattern in a big scale. Though the reforms of SOEs have been undergoing for many years, the SOEs have grown bigger and bigger. This time, the reform is needed to be different.

Under such a background, the reform is very much anticipated.

According to the two files, the reform is aimed at introducing "mixed ownership" by bringing in private investment. The initiative also set out to improve the competence of SOEs and turn them into fully independent market entities. These measures finally may provide more space for other forms of enterprises.

Since China has liberalized foreign direct investment (FDI), provided channels such as QFII and RQFII, has simplified the investment procedures and given foreign companies national treatment, the foreign companies can share the opportunities along with the private companies.

First, since the reform encourages private capital including foreign investment to participate in State-owned enterprises, the non-State firms including foreign companies will be encouraged to join the process through various means, including buying stakes and convertible bonds from or conducting share rights swaps with SOEs.

Second, since the reform divide the SOEs into two categories, for-profit entities and those dedicated to public welfare and the former will be market-based and stick to commercial operations, the foreign companies may have more opportunities in the for-profit entities. But they can also take the advantage of the latter categories in that the reform encourage that non-State firms provide public goods and services through public–private partnership and other forms.

Third, since the reform will change the way the SOEs are managed by playing a role more like fund managers, which means that boards of directors will have greater decision-making powers and intervention by government agencies will be forbidden, the foreign investors can be more safe to participate as financial investors or strategic investors to play special roles in improving corporate governance.

We expect that the newly issued reforms of China's state sectors can provide opportunities for foreign companies and foreign companies can contribute as a unique force to help China's economic transition, too.

The author is a lecturer at the Management School of the Shanghai University and a research fellow at the China Europe International Business School Lujiazui International Finance Research Center. The views do not necessarily reflect those of China Daily.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 色视频网站大全免费 | 色毛片 | 免费人成黄页在线观看视频国产 | 亚洲综合色一区二区三区另类 | 日本黄大片影院一区二区 | 国产高清在线精品一区 | 亚洲天堂免费视频 | 成人午夜大片免费7777 | 欧美日韩一区二区在线观看视频 | 日本久久一区二区 | 久久99爱视频 | 国内一区 | 国产精品资源手机在线播放 | 日本特黄特色大片免费看 | 亚洲男人天堂视频 | 亚洲欧美精品一区 | 成年人免费看 | 欧美成人全部免费观看1314色 | 亚洲人成网国产最新在线 | 欧美俄罗斯一级毛片 | 手机看片1024国产基地 | 欧美国产一区二区三区 | a国产成人免费视频 | 欧美另类性视频 | 成人在线网站 | 久草免费在线播放 | 久操免费| 1024香蕉视频在线播放 | 亚洲香蕉影院 | 欧美成人极品怡红院tv | 一级啊片| 欧美一级二级三级视频 | 中文无线乱码二三四区 | 成人亚洲网 | 日韩一级免费毛片 | 韩日一级片 | 国产dvd毛片在线视频 | 综合色久| 日本视频在线免费播放 | 国产三级日本三级日产三 | 99久久精品免费看国产一区二区 |