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Corporate governance and enterprise reform in China

10/12/2003Source: International Finance Corporation.  

Over the past decade, China has made significant progress in developing the institutional foundations for a modern corporate governance system, according to the International Finance Corporation. But there is still vast scope for further institution-building to improve the practices of Chinese companies.

This report focuses on remaining weaknesses in the Chinese corporate governance system, outstanding issues, and recommended priorities for policy actions.

Click here to view full report (pdf 4.1MB)

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The International Finance Corporation, part of the World Bank Group, fosters sustainable economic growth in the emerging markets by providing loans and equity to the private sector, mobilizing capital in the international financial markets, and providing technical assistance to governments and businesses. Since its founding in 1956 through 30 June 2002, IFC has committed more than $34bn of its own funds and has arranged $21bn through syndications for more than 2,800 companies in 14 developing countries. For further information please visit www.ifc.org.

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