Setting up State Holding Corporations——an Interview with He Boquan, Vice President of the China National Nonferrous Industry Corporation

An announcement was made on November 4, 1994, on making the China National Nonferrous Industry Corporation one of the three State holding corporations for experiment at a national conference on experimenting on modern enterprises sponsored by the State Council. The appearance of State holding corporations is the result of China's deepening economic restructuring and an important and integral part of deepening enterprise reform.