By Guo Lihong
Date: 2003/03/07
Abstract:
The FDI inflow in the form of the establishment of new investment facilities will be increasing, and the FDI inflow in the form of merger and acquisition of existing local enterprises will be developing more faster. The government assets management system is moving from unified ownership and indistinction between government administration and assets management to graded ownership and separation of government form assets, which gives merger and acquisition opportunity to foreign investment.