CGCA, founded in 1987, is a national legal entity registered with the Ministry of Civil Affairs. CGCA is under the charge of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), and is guided by the Ministry of Commerce (MOC). Now, CGCA has more than 200 member corporations, which are mainly central state-owned enterprises and most of which are world’s top 500 enterprises or Chinese industry leaders.
The mission of CGCA is to: 1) bridge between corporations and government, organize economic policy research, offer relative recommendations to national economic policy making and report corporate concerns; 2) provide legal services and safeguard corporate legitimate rights; 3) conduct projects research as a think tank entrusted by government and corporations; 4) provide services of training, consultation, information, research and exchanges between foreign and domestic enterprise; 5) promote independent innovation, cross-border operation and better governance for member enterprises.
Labuan International Business and Financial Centre (Labuan IBFC) presents a comprehensive midshore solution striking the ideal balance between client confidentiality and compliance with international best standards and practices.
Its business-friendly environment, anchored by a simple and attractive tax system, is well-supported by a robust, modern and internationally-recognised legal framework enforced by its regulator, Labuan Financial Services Authority (Labuan FSA).
Labuan IBFC boasts a wide range of business and investment structures facilitating cross-border transactions, business dealings and wealth management needs. These unique qualities offer sound options for regional businesses going global or global businesses looking at penetrating Asia’s burgeoning markets.
Strategically located in the heart of Asia Pacific, Labuan IBFC is well positioned to tap into one of the fastest growing regions in the world, presenting the perfect opportunity for businesses seeking to connect with Asia’s economies and beyond.