加入世贸组织后全球经济融合的需要催生了我国新一轮的上市公司并购重组潮,只是这一次的参与者除了民企外又加上了外资,这使非国资收购国有股现象全部浮出水面。加入世贸组织后相当长一段时期内,中国的经济和产业结构将处于振荡和整合期。上市公司新一轮的并购和重组热潮,在很大程度上将为这一基本动向所左右,其动机和目的也必然走向通 The need of global economic integration after China’s entry into the WTO has given birth to a new wave of mergers and acquisitions of listed companies in China. Only this time participants, in addition to private enterprises, have added foreign investment, which has resulted in the non-state-owned assets acquisition of state-owned stocks all surfaced. After a long period of accession to the WTO, China’s economy and industrial structure will be in a period of oscillation and consolidation. The new round of M & A and restructuring boom of listed companies will be largely influenced by this basic trend, and their motivation and purpose will inevitably go toward