Caixin
Oct 26, 2022 04:06 AM
CHINA

China to Support Domestic Share Trading of Foreign-Invested Companies

Currently there are 168 domestically listed companies with foreign investors as controlling shareholders.
Currently there are 168 domestically listed companies with foreign investors as controlling shareholders.

China will promote foreign investment with a focus on manufacturing to further expand capital inflows, stabilize the scale of foreign investment and improve the quality of foreign capital utilization, the government said.

As part of a bundle of measures outlined Tuesday in a joint document issued by the National Development and Reform Commission (NDRC) and five other ministries, the authorities will support qualified foreign-invested companies to sell shares on China’s stock market and issue bonds.

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