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  • Property right exchange volume breaks 100 billion yuan in Chongqing United Assets and Equity Exchange
    2008-11-18 10:27:03

    ¡¡  (CQNEWS) Over 5,300 property right exchanges of all kinds have been successfully conducted after its establishment 4 years ago, with total exchange volume over 100 billion yuan and annual exchange volume 24 billion yuan.

    ¡¡  Founded in 2004, it is the only national market with authorization to conduct property right exchange of state-owned enterprises in west China approved by the State-owned Assets Supervision and Administration Commission of the State Council in May 2007.

    ¡¡  According to statistics, as one of the 6 old industrial bases in China, Chongqing has 335 state-owned enterprises, with stock assets over 160 billion yuan. And these state-owned property rights have been effectively exchanged here with 20% average added value. (Translated by Peng Yu, Fathom Language International)

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