Using Foreign Investment to Reorganize State-owned Enterprises Tentative Provisions

利用外资改组国有企业暂行规定

A detailed legislation on the reorganization of state-owned enterprises (SOEs) by using foreign investment.

(Promulgated by the State Economic and Trade Commission, the Ministry of Finance, the State Administration for Industry and Commerce and the State Administration of Foreign Exchange on November 8 2002 and effective as of January 1 2003.)

(国家经济贸易委员会、财政部、国家工商行政管理总局、国家外汇管理局于二零零二年十一月八日公布,自二零零三年一月一日起施行。)

Article 1: These Provisions have been formulated pursuant to the PRC Company Law, the PRC Contract Law and State laws and regulations concerning foreign investment and administration of State-owned assets, in order to attract and regulate the Use of Foreign Investment to Reorganize State-owned Enterprises, promote the strategic restructuring of the State-owned economy, accelerate the pace at which State-owned enterprises establish modern corporate systems and safeguard social stability.

Article 2: These Provisions shall govern the use of foreign investment to reorganize State-owned enterprises and company system enterprises with State-owned equity (with the exception of finance enterprises and listed companies) or to establish them as company system foreign-invested enterprises (hereafter, Use of Foreign Investment to Reorganize State-owned Enterprises).

第一条 为引导和规范利用外资改组国有企业的行为,促进国有经济的战略性改组,加快国有企业建立现代企业制度的步伐,维护社会稳定,根据《中华人民共和国公司法》、《中华人民共和国合同法》和国家有关外商投资及国有资产管理的法律法规规定,制定本规定。

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]