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    The Policy Of Supporting Industry Merger And Reorganization Has Been Reported To The State Council.

    2010/7/8 12:33:00 34

    Textile Policy

       Sources said 6, the Ministry of industry drafted "support industry mergers and acquisitions" policy Reported The State Council It will support the merger and reorganization of large enterprises from three aspects: finance, taxation and resource allocation. In addition to last year's adjustment and revitalization plan, the industries covered include automobiles, steel and iron. Spin In addition to the nine major industries of equipment manufacturing, shipbuilding, electronic information, petrochemical industry, light industry and nonferrous metals, new building materials industry has been added.


    According to the source, although the document covers ten industries, the specific policy descriptions of different industries are not the same. For example, the iron and steel industry has made clear several merger and reorganization enterprises, and the building materials industry has not made clear demands on the main body of the reorganization.


    According to sources, the level of assets and liabilities of large enterprises, especially the central enterprises, constitutes an obstacle to their future mergers and acquisitions. Various trade associations suggest that in the support of the industry merger and reorganization policy, it is appropriate to reduce the proportion of the merger and acquisition enterprises to the state profits, but whether the proposal will become a big policy variable in the end.


    In addition, the relevant departments have previously expressed plans to raise the proportion of profits paid by central enterprises. The final policy may be in the assessment of the central enterprises, which is different from the enterprises that actively participate in the merger and reorganization. In terms of resource allocation, large enterprises recommend giving priority to resources to superior enterprises.

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