MOC will issue regulation to supervise foreign merging activ

时间：2007-02-08 00:34:20

（单词翻译:单击）

Chinanews, Beijing, Feb. 7 – China is considering drafting a regulation to strictly1 monitor foreign investors2’ acquisition and merging3 activities in China. The new regulation will be unveiled soon, said Li Zhiqun, head of the Foreign Investment Department at the Ministry4 of Commerce (MOC), the China Business News reported.

 

He made the statement last Friday when attending a forum5 on Chinese economic situation and related regulation making.

 

At the forum, Wang Dong, deputy head of the Foreign Investment Department at the State Development and Reform Commission (SDRC) also said that the SDRC is working with MOC to revise the Industrial Guidelines for Foreign Investors in China. The guidelines' new version will be publicized during the first half of this year.

 

Last year, MOC worked with six ministerial departments to draft a law on regulating foreign enterprises’ M&A activities in China. The regulation stipulates6 that when foreign investors purchases and takes the controlling power of a Chinese enterprise in a field categorized as a key industrial sector7, or if the acquisition might affect China’s national economic security, the parties involved should report the acquisition deal to related departments.

 

Since the regulation was published, many foreign investors have been greatly concerned about which industrial sectors8 are defined as “key industrial sectors”.

 

Earlier, MOC said that over the next five years, China will welcome foreign investors to make investment in five major areas, namely the high-tech9, advanced manufacturing sector, modern service sector, modern agriculture, and environmental protection sector.

 
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点击收听单词发音收听单词发音  

1 strictly GtNwe     
adv.严厉地，严格地；严密地
参考例句：
  • His doctor is dieting him strictly.他的医生严格规定他的饮食。
  • The guests were seated strictly in order of precedence.客人严格按照地位高低就座。
2 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
3 merging 65cc30ed55db36c739ab349d7c58dfe8     
合并（分类）
参考例句：
  • Many companies continued to grow by merging with or buying competing firms. 许多公司通过合并或收买竞争对手的公司而不断扩大。 来自英汉非文学 - 政府文件
  • To sequence by repeated splitting and merging. 用反复分开和合并的方法进行的排序。
4 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
5 forum cilx0     
n.论坛，讨论会
参考例句：
  • They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
  • The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。
6 stipulates 5c9afbf42331f6dbc8e7cd0e43b34e17     
n.（尤指在协议或建议中）规定，约定，讲明（条件等）( stipulate的名词复数 )；规定，明确要求v.（尤指在协议或建议中）规定，约定，讲明（条件等）( stipulate的第三人称单数 )；规定，明确要求
参考例句：
  • The trade contract stipulates for the settlement of balances in RMB. 贸易合同规定余额以人民币结算。 来自《现代汉英综合大词典》
  • The contract stipulates for the use of seasoned timber. 合同上订明用干透的木料。 来自辞典例句
7 sector yjczYn     
n.部门，部分；防御地段，防区；扇形
参考例句：
  • The export sector will aid the economic recovery. 出口产业将促进经济复苏。
  • The enemy have attacked the British sector.敌人已进攻英国防区。
8 sectors 218ffb34fa5fb6bc1691e90cd45ad627     
n.部门( sector的名词复数 )；领域；防御地区；扇形
参考例句：
  • Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
  • Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》
9 high-tech high-tech     
adj.高科技的
参考例句：
  • The economy is in the upswing which makes high-tech services in more demand too.经济在蓬勃发展，这就使对高科技服务的需求量也在加大。
  • The quest of a cure for disease with high-tech has never ceased. 人们希望运用高科技治疗疾病的追求从未停止过。

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