The Ministry of Commerce is working with other ministries to encourage foreign-funded firms to make public share offerings in China, a senior official said on Thursday.
"We will continue to work with other departments on policies regarding domestic IPOs of foreign firms to actively guide high-quality foreign firms to make IPOs in China," Chen Jian, a vice-commerce minister, said.
He also said China was studying steps to encourage inflows of foreign direct investment.
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| An investor looks at the stock price monitor at a private securities company Thursday April 9, 2009 in Shanghai, China. (AP) |
"In order to boost investor confidence and expand the inflow of foreign investment, the Ministry of Commerce is working with other departments to develop measures to stabilise FDI inflows," Chen told a news conference.
http://news.yahoo.com/s/nm/20090702/bs_nm/us_china_economy_listings_1
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