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BUB vs WHA, page-265

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    You cannot mix the Concept between "state-owned company by CCP" and "—province- owned company or state-owned company without controlled by CCP"

    There are 97 state-owned company By CCP, not including SHANDONG........ which signed a contract with WHA. A company whether a state-owned company by CCP (Central enterprises- due to translation) or a state-owned company (or a province-owned company) depends on how much ownership is taken by CCP.

    A state owned company can be Central enterprises but not all the Central enterprises can be classified as a state-owned company
    Last edited by Moneykkk: 06/08/18
 
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