From 1 July 2006, holding companies may strategically invest in "A" shares. In addition, a holding company may:

  • distribute goods in China by way of “commission agency” (except by way of auction) or “wholesale” (MOFCOM approval may be needed for certain restricted goods);
  • provide outsourcing services to overseas entities (including, but not limited to, its parent and affiliated companies); and
  • entrust any company in China (not only companies in which it has invested) to make products of the companies in which it has invested and products of its parent company. The products may be sold in China or exported.

These activities expand upon a range of other permitted business activities for holding companies.