State Council, Adjustment of the Proportion of Capital Funds for Fixed Asset Investment Projects of Certain Industries Circular
国务院关于调整部分行业固定资产投资项目资本金比例的通知
June 02, 2004 | BY
clpstaff &clp articlesIssued: April 26 2004Effective: as of date of issueMain contents: The proportion of capital funds of steel projects shall be raised from 25% or more to…
Issued: April 26 2004
Effective: as of date of issue
Main contents: The proportion of capital funds of steel projects shall be raised from 25% or more to 40% or more. For cement, electrolytic aluminium and real property development projects (excluding economically suitable residential premises), the proportion of capital funds shall be raised from 20% or more to 35% or more.
Related legislation: State Council, Trial Implementation of the System of Capital Funds for Fixed Asset Investment Projects Circular, 1996
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