The Ministry of Commerce has issued tightened regulations to enhance its supervision over foreign investors' acquisition of local companies, People’s Daily reported. The new regulations sstated that starting September 8, acquisition should not affect market’s competition rules or lead to loss of state assets. Foreign investors should follow local policies on industrial development, land and environmental protection, said the paper. For industries not allowed for solely foreign invested operation, foreign investors can not have full ownership of the company purchased. Companies required to be dominated by Chinese share holders should remain controlled by the Chinese side even if they are purchased by foreign investors.