China Minsheng advisory arm 'will help companies go global'

China Minsheng Investment Co Ltd, the country's first national-level private investment firm, announced on Friday it will establish a global advisory council to help domestic enterprises go abroad.

"China's economy has a close relationship with the rest of the world and also plays an important global role, so we will fully utilize our domestic and foreign resources to help Chinese companies go abroad," said Chairman Dong Wenbiao.

He made the comments during a launch ceremony in Beijing for the advisory arm.