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» 23/07/2009 [Company watch]
China Aoxing Pharmaceutical Corp. Receives Renewal of GMP Certification for Capsule Dosage Form of Pharmaceutical Products
» 15/03/2010 [Industry news]
Recordati S.p.A And Lee Pharmaceutical Announce Partnership For Zanidip(R) In China
» 26/10/2009 [Finance]
China Growth to Remain Fast in Fourth Quarter, Official Says
» 17/08/2009 [Industry news]
Chindex Posts Profit on Product Sales, Health Services
» 07/05/2010 [Industry news]
Hong Kong: Recall of all products manufactured by Quality Pharmaceutical Lab Ltd
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»16/11/2009 [Finance]
Foreign-invested Companies Allowed to List on China Stock Market

In order to expand fields of Sino-foreign cooperation, encourage new investment modes and optimize the structure of foreign investment, China will gradually reduce limits on the equity stake proportion allowed to overseas investors.

 
In order to expand fields of Sino-foreign cooperation, encourage new investment modes and optimize the structure of foreign investment, China will gradually reduce limits on the equity stake proportion allowed to overseas investors. Qualified foreign-funded enterprises will be permitted to list on the country’s stock market, according to Minister of Commerce Chen Deming. Under the impact of the global economic downturn, the number of newly-established foreign-funded enterprises in China only came to 12,264 in the first seven months this year, and active foreign direct investment totaled US $48.4 billion. This represents a year-on-year drop of 27.4 percent and 20.4 percent respectively. Chen said that in order to enhance two-way investment, China would open up service industries and encourage foreign companies to invest in high and new technology sectors.

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