Foreign Capital To Purchase State-owned Enterprises Existing Problems And Countermeasures

As China gradually perfect the socialist market economy, state-owned enterprise reform has entered a crucial stage. Practice has proved that foreign capital to purchase state-owned enterprises of China's state-owned enterprise reform as the most effective way to one in the global wave of mergers and acquisitions under the impetus of how mergers and acquisitions of state-owned enterprises to foreign investors , as the top priority of China's economic system reform. Based on foreign capital to purchase state-owned enterprises as the research object to the new background conditions of foreign capital to purchase state-owned enterprises to start the existing problems through rational analysis countermeasures to better achieve the strategic goal of a win-win situation.Chapter 4 of this article:Chapter 1 Introduction foreign acquisition-related theories, including foreign acquisition of content, type, format and process.Chapter 2 Aggregate foreign capital to purchase state-owned enterprises in China-stage process, summarized in four stages: exploration period, incubation period, and the height of the development period, and introduced at each stage of the corresponding laws and regulations.Chapter 3 analysis of foreign capital to purchase state-owned enterprises exist. First, from the national interest level, the analysis of national economic security, and the loss of state assets in two areas; Secondly, from the level of government regulation, and analysis of legal regulations, regulatory approval, tax policies and the social security system, and so on; again, capital market point of view, of the securities market, the capital market structure, and intermediary institutions by the existence of the problem; fourth, from the perspective of mergers and acquisitions operation, the target of mergers and acquisitions, acquisition strategy, mergers and acquisitions, and other aspects of the content; Finally, from the international point of the process, analysis strategic thinking, moral responsibility, and cultural aspects of the problem.Chapter 4 In response to questions, on the acquisition by foreign investors of state-owned enterprises should take countermeasures. From the government's macroeconomic control, investment environment, financial environment, the core competitiveness of enterprises and international aspects of the process, such as corresponding measures. In particular: First, a sound legal environment and building regulatory system, and improve the social security system; Second, the dynamic adjustment of industrial policy, and implementing the equal national treatment and the construction of infrastructure; again, speed up the building of the securities market, optimize the capital structure and regulate intermediaries system; Fourth, increase the state-owned enterprise's core competitiveness; Finally, the state-owned enterprises to speed up the process of international response.