China to allow foreign-invested companies to list (Sep 8)

    XIAMEN, Sept. 8 (Xinhua) -- China will gradually reduce limits on equity stake proportion in investment from overseas companies, allowing qualified foreign-invested enterprises to list in the country's stock market, Chen Deming, Minister of Commerce, said Tuesday.

    The move aims at expanding cooperation fields between China and foreign countries, innovating investment avenues and optimizing foreign investment structures, Chen said at the 13th China International Fair for Investment and Trade (CIFIT) in Xiamen, southeastern Fujian Province without saying when it will take effect.

    For more reading: http://news.xinhuanet.com/english/2009-09/08/content_12018101.htm