SASAC will decide whether to set up asset-management companies according to the development.
The conditions for establishing assets management companies have matured in China.
We will focus on finding qualified outside directors for our companies.
It is China's first of its kind with a foreign citizen serving as a member.
The overseas markets are more regulated and Chinese companies can benefit and learn to fine-tune corporate structure and governance. So listing overseas first and then coming back to list will also benefit the domestic stock market.
The share reform is facing a host of in-depth problems.
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