China to Issue New Private Equity Regulations

The proposal comes as the State Council concludes its test run of private-equity funds and issues four more licenses to firms with onshore investments

China's State Council says its test-pilot programme for domestic private equity is nearing a final stage. It is giving out four more licenses to private-equity firms for onshore investments. The four include a water utilities fund, an industrial-focused fund for China's northeast, a Tianjin shipping industry fund, and another invested in urban infrastructure.

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