New Policy to Promote Cross-industry Restructuring
Published:
2010-03-09
In an interview with Shanghai Securities News, Li Yizhong, Minister of Industry and Information Technology, revealed that the ministry would introduce guidelines aimed at encouraging companies to pursue cross-industry mergers and acquisitions. The proposal has already been handed to the State Council and it's expected that the guidelines will be officially adopted some time after the conclusion of the country's top political sessions.
Source
Shanghai Securities News
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