Re­duc­ing cor­po­rate lever­age ra­tio, im­prov­ing gov­er­nance

China Daily (USA) - - POLICY REVIEW -

The State Coun­cil has re­cently is­sued a doc­u­ment to re­duce the lever­age ra­tio of en­ter­prises through a se­ries of mea­sures. Th­ese in­clude pro­mot­ing merg­ers and ac­qui­si­tions of en­ter­prises, im­prov­ing mod­ern cor­po­rate gov­er­nance, bet­ter uti­liz­ing ex­ist­ing as­sets of en­ter­prises, op­ti­miz­ing cor­po­rate debt struc­tures, car­ry­ing out debtto-equity swaps and de­vel­op­ing equity-based fi­nanc­ing. pop­u­la­tion in the over­all pop­u­la­tion to 45 per­cent by 2020.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.