Nov. 30 – China is attaching more importance to supporting company restructuring as well as mergers and acquisitions (M&As), hoping these business activities will help optimize the country’s resource distribution and push forward economic transition. On Monday, the State Administration for Industry and Commerce (SAIC) released a new document, requiring government departments to offer greater convenience for the registration of businesses after combination and separation (C&S).

The document, titled “Opinions on Improving Registration Services for Companies after C&S and Supporting Enterprise M&As as well as Restructuring (gongshangqizi [2011] No.226),” specified the following aspects in which local Administrations for Industry and Commerce (AICs) shall improve their registration services for businesses after C&S: Continue reading →