久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

  Home>News Center>China
       
 

NPC weighs momentous new bankruptcy law
By Li Jing (China Daily)
Updated: 2004-06-22 00:11

After a decade of work, China's new bankruptcy law finally came before the country's top legislature Monday.

The draft law, regarded as underpinning the way businesses will account for themselves in China's market economy, will apply to all enterprises-- whether State-owned, private or foreign firms.

The aim is to put them on the same footing in terms of competition, said Jia Zhijie Monday in his report to the Standing Committee of the National People's Congress (NPC).

Jia is the vice-director of the NPC's Financial and Economic Committee. That body has been drafting the new bankruptcy law since 1994.

Besides the draft bankruptcy law, issues concerning agriculture, the countryside and farmers are also drawing great attention from legislators participating in the 10th NPC's Standing Committee latest session, which began on Monday.

They will review reports on implementation of the land management law, the government's favourable agricultural policies and financial aid for farmers during their five-day session.

The lawmakers will also hold a second round of deliberations on the draft law on promoting agricultural mechanization, draft amendments to the Law on Contagious Diseases Prevention and Control, and a draft law on online signatures.

China's current bankruptcy law was promulgated in 1986 for trial implementation when the country's economic reform effort was still in its infancy.

Widely regarded as outdated, the law fails to give sufficient protection to creditors and only touches upon State-owned enterprises (SOE).

Bankruptcy for non-SOEs is stipulated in the Civil Procedure Law, Company Law and Measures on Liquidation Procedures for Foreign Investment Enterprises, each contains some articles in relation to insolvency without going into much detail.

Analysts say the new bill will integrate the country's inconsistent bankruptcy legislation and give the same floor to the nearly 8 million enterprises nationwide.

However, the draft gives an exception to around 2,000 SOEs underlined by the State Council, in line with the previous administrative closure measures.

These money-losing SOEs are the last group to go bankrupt with government bail-outs and the work will be finished in the next three to five years, an official with the Commission for Supervision and Management of State-Owned Properties under the State Council said Monday.

Except the 2,000 SOEs that are mainly military and mining factories, ll8 million companies in China will be required to follow a unified corporate bankruptcy law if the firms go under, an official who declined to be named said.

It means that China's more than 100,000 remaining SOEs will become "equal competitors" in the market economy rather than being sheltered by the government, said Li Shuguang, a drafter of the bill and vice-president of the Postgraduate School of the China University of Politics and Law.

"From administrative closure to law-based bankruptcy, the landscape of a market economy is more clear in China," Li said.

Commission statistics show that by April 2004, China had closed 3,377 insolvent SOEs through administrative intervention, allocated 49.3 billion yuan (US$6 billion) as SOE bankruptcy subsidies and allowed State-owned banks to write off a total of 223.8 billion yuan (US$27 billion) in bad loans caused by SOEs bankruptcies.

The legislators are also expected to ratify a consular agreement between China and New Zealand, protocol on revising the Shanghai Convention on Combating Terrorism, Separatism and Extremism signed on June 15, 2001 in Shanghai, protocol on revising the Shanghai Co-operation Organization (SCO) Charter, and protocol on revising the agreement on the establishment of a regional anti-terrorism agency, agreed to by SCO member countries on June 7, 2002 in St. Petersburg.

Other major items to be reviewed or awaiting ratification at the meeting include the Stockholm Convention on Persistent Organic Pollutants and the Beibu Gulf demarcation agreement between China and Viet Nam, as well as State Council reports on last year's final accounting of revenue and expenditures and the use of the central budget for 2003.



 
  Today's Top News     Top China News
 

NPC weighs momentous new bankruptcy law

 

   
 

Chinese furniture makers protest US duties

 

   
 

46 killed in attacks on Russia government

 

   
 

Asian nations vow to meet oil needs

 

   
 

FM sets up new branch to enhance security

 

   
 

Iran to prosecute British Navy sailors

 

   
  Wen makes 5 proposals for Asian cooperation
   
  Official commits suicide for milk powder scandal
   
  30,000 doctorate graduates join job hunting
   
  Thailand concedes China `market economy' status
   
  Pro-independence investors not welcome
   
  Temple fire a warning call
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  When will china have direct elections?  
Advertisement
         
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    国产裸体舞一区二区三区| 国产毛片久久久久久| xxxx在线免费观看| 日韩中文字幕在线免费| 色噜噜狠狠永久免费| 91黄色在线看| www,av在线| 粗暴91大变态调教| 又大又硬又爽免费视频| 欧美丝袜在线观看| 成人在线观看黄| 日本一区午夜艳熟免费| 8x8x成人免费视频| 日本精品久久久久中文字幕| 日韩精品第1页| 向日葵污视频在线观看| 人妻久久久一区二区三区| 国产九九九视频| 美女网站视频黄色| 成人在线免费观看av| 懂色av粉嫩av蜜臀av| 天天干天天爽天天射| 欧美a在线视频| 18黄暴禁片在线观看| 自拍偷拍视频在线| 国产探花在线看| 国产精品99久久免费黑人人妻| 丰满的少妇愉情hd高清果冻传媒| 国产精品美女在线播放| 成人黄色一级大片| 亚洲少妇第一页| 国产精品免费成人| jizzjizzxxxx| 国模吧无码一区二区三区| 成人免费观看在线| 国产小视频免费| 女人床在线观看| 裸体裸乳免费看| 97人人模人人爽人人澡| 中文字幕一区久久| 男人添女人下面免费视频| 草草草在线视频| 日韩有码免费视频| 日韩精品一区二区三区不卡| 久久久久久久久久久视频| 日日摸日日碰夜夜爽无码| 国产 日韩 亚洲 欧美| 国内少妇毛片视频| 欧美视频在线观看视频| 亚洲国产精品无码av| 精品视频在线观看一区| 黄色大片在线免费看| 91好吊色国产欧美日韩在线| 欧美日韩二三区| 精品中文字幕av| 99视频精品免费| 视频在线观看免费高清| 日韩一级免费片| 老司机av福利| av日韩在线看| 日韩少妇内射免费播放| 精品www久久久久奶水| 中文字幕永久视频| 热久久久久久久久| 中国一级黄色录像| 高清无码视频直接看| 日韩欧美亚洲天堂| 激情综合网俺也去| 小早川怜子一区二区三区| 麻豆视频传媒入口| 国产精品无码人妻一区二区在线 | 日韩一二区视频| 欧美中文字幕在线观看视频| 日韩欧美精品免费| 人人爽人人av| 污污视频在线免费| 国产日韩欧美精品在线观看| 99热成人精品热久久66| 手机免费av片| 免费一级淫片aaa片毛片a级| 亚洲色欲综合一区二区三区| 亚欧美在线观看| 992tv快乐视频| 久章草在线视频| 91 在线视频观看| www.日本三级| 91香蕉视频导航| 无颜之月在线看| 日韩一级片播放| 成人国产一区二区三区| 免费午夜视频在线观看| www.久久com| 久久精品免费一区二区| 中文字幕免费高清在线| 国产www免费| 一区二区三区欧美精品| 国产精品无码免费专区午夜| 激情五月婷婷久久| 男人天堂新网址| 五月天亚洲视频| 欧美亚洲黄色片| www.久久av.com| 久久久久久久久久久视频| 51自拍视频在线观看| 99色精品视频| 欧美一级爱爱视频| 污视频网站观看| 131美女爱做视频| 日本一本在线视频| 国产精品69页| 加勒比成人在线| 欧美专区第二页| 少妇黄色一级片| 欧美 日韩 亚洲 一区| 亚洲女人在线观看| 国产精品一区二区羞羞答答| 国产一线二线三线女| 久久久久久综合网| 日本熟妇人妻中出| 鲁一鲁一鲁一鲁一色| 91九色国产ts另类人妖| 欧美男女交配视频| 午夜精品久久久内射近拍高清| 一级特黄妇女高潮| 一级做a免费视频| 人人爽人人av| 国产精品-区区久久久狼| 成人免费在线视频播放| 性久久久久久久久久久久久久| 男女啪啪网站视频| 日韩精品视频久久| 久久国产精品网| 91精品国产毛片武则天| 中文av字幕在线观看| 三级在线免费看| 国产精品欧美激情在线观看| 91免费黄视频| 国产性生活免费视频| ijzzijzzij亚洲大全| 亚洲高清av一区二区三区| 污污网站免费观看| 欧美一级裸体视频| 欧美日韩亚洲一二三| 91免费视频网站在线观看| av免费观看大全| 97在线国产视频| 国产一区二区三区乱码| www婷婷av久久久影片| 日韩视频一二三| 影音先锋成人资源网站| av电影一区二区三区| 波多野结衣网页| 精品一区二区成人免费视频| xxx中文字幕| 黄色高清视频网站| 国产大尺度在线观看| 免费久久久久久| 18视频在线观看娇喘| 男同互操gay射视频在线看| 永久av免费在线观看| www亚洲国产| 国产盗摄视频在线观看| 国产树林野战在线播放| 久久久久久久久网| 久久99久久久久久| 水蜜桃色314在线观看| 日本中文字幕网址| 丰满人妻中伦妇伦精品app| 免费午夜视频在线观看| 男女污污的视频| 国产精品嫩草影院8vv8| 青少年xxxxx性开放hg| 欧美另类videosbestsex日本| 久久久99精品视频| 欧美精品自拍视频| 日本熟妇人妻xxxxx| 777视频在线| 欧美性视频在线播放| 国产美女永久无遮挡| 国产午夜伦鲁鲁| 超碰av在线免费观看| 91精品视频国产| 欧美一区二区激情| 欧美 日韩 国产一区| www.夜夜爽| 韩国无码av片在线观看网站| 91九色在线观看视频| 男女爽爽爽视频| 亚洲一级片免费观看| 天堂…中文在线最新版在线| 久久精品免费网站| 青青草原播放器| 鲁一鲁一鲁一鲁一色| 我要看一级黄色大片| 一道本在线观看视频| 国产白丝袜美女久久久久| 色婷婷综合网站| 国产女主播自拍| www.亚洲高清| 99久久免费观看|