China: SOE Reforms and Corporatization (1993–2013)

1. Socialist market economy reform blueprint adopted

   Nov 14, 1993Labels: CCP 14th, Socialist market

   • TheoryChina
   • CCP 14th

2. Company Law passed to enable corporatization

   Dec 29, 1993Labels: Company Law, National People's

   • Company Law
   • OpenEdition

3. Tax-sharing reform reshapes central-local incentives

   Jan 1, 1994Labels: Tax-sharing reform, Central local

   • Tax Reform

4. Company Law takes effect nationwide

   Jul 1, 1994Labels: Company Law, Corporate governance

   • Company Law
   • OpenEdition

5. Labour Law adopted for new employment framework

   Jul 5, 1994Labels: Labour Law, Employment framework

   • Labour Law

6. Labour Law takes effect as layoffs expand

   Jan 1, 1995Labels: Labour Law, Xiagang layoffs

   • Labour Law
   • Xiagang

7. 15th Party Congress adopts “grasp large, let small go”

   Sep 1, 1997Labels: 15th Party, Grasp large

   • Policy
   • OpenEdition

8. Securities Law adopted for capital-market discipline

   Dec 29, 1998Labels: Securities Law, Capital markets

   • CSRC Law

9. Constitution amended to elevate the non-state sector

   Mar 15, 1999Labels: Constitution amendment, Non-state sector

   • Constitution

10. SASAC created to act as owner of central SOEs

    Mar 10, 2003Labels: SASAC, State Council

    • SASAC
    • ChinaDaily

11. State Council issues interim rules for state-asset supervision

    Jun 4, 2003Labels: State Council, Interim rules

    • ChinaDaily
    • SASAC

12. Split-share reform begins to make state shares tradable

    Apr 29, 2005Labels: Split-share reform, Listed firms

    • ChinaDaily
    • Xinhua

13. State-owned Assets Law adopted to formalize owner system

    Oct 28, 2008Labels: State-owned Assets, State capital

    • NPC Law
    • SASAC

14. State-owned Assets Law enters into force

    May 1, 2009Labels: State-owned Assets, Regulatory enforcement

    • NPC Law

15. 18th Central Committee Third Plenum sets next-stage SOE agenda

    Nov 12, 2013Labels: 18th CCP, Mixed ownership

    • USC Doc
    • 3rd Plenum