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Wednesday, January 08, 2014
SASAC Wants to Remove the Obstacle of SOE Assets Transfer
ANBOUND

The SASAC (State-owned Assets Supervision and Administration Commission of the State Council) issued a statement that addresses the rules of SOE assets transfer. ANBOUND research team thinks that property rights market is an important channel for private capital to participate in SOEs reform and to develop mixed-ownership economy. It helps to reduce administrative intervention in resource allocations, prevent corruption in the transfer of state-owned assets. The SASAC is doing this to remove the barriers of SOE assets transfer.

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