China to boost mergers in 9 sectors
Updated: 2013-01-22 16:45
(Xinhua)
|
|||||||||||
BEIJING - The government has revealed specific requirements that are intended to increase mergers in nine sectors, the Ministry of Industry and Information Technology said Tuesday.
The MIIT said the government is encouraging mergers in the automaking, steel, cement, shipbuilding, electrolytic aluminum, rare earth, electronic information and pharmaceutical sectors.
The ministry said the government aims to incorporate scattered production capacity and upgrade industrial structures in order to increase enterprises' international competitiveness.
A central economic work conference held last December saw a government vow to adjust China's industrial structure and resolve overcapacity problems that have hobbled some sectors.
Related Readings
Chinese rare earth firm to form mega company
New central SOEs merger deal announced
Youku, Tudou announce completion of merger
An expansion driven by mergers and chemicals
Push to speed up mining M&A
Related Stories
New central SOEs merger deal announced 2013-01-07 16:51
Youku, Tudou announce completion of merger 2012-08-24 16:15
An expansion driven by mergers and chemicals 2011-12-09 08:10
Push to speed up mining M&A 2011-05-05 10:23
M&A deals decrease sharply in Q1 2012-04-11 21:48
M&A cools in China, heats overseas 2012-07-05 17:44
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|