The rapid pickup of China's A-share market is proving to be a contrast to the moderate growth in the US markets, and is attracting increasing interest from qualified foreign institutional investors.
Foreign investors deepened their participation in China's onshore bond market in the first quarter of this year, in anticipation of the market's inclusion in a key global index from April 1.
Global biopharmaceutical giant AstraZeneca PLC entered the Chinese mainland in 1993 and now has more than 10,000 employees across the country. AstraZeneca China has invested more than $1 billion in China and achieved sales of nearly $3.8 billion in 2018.
What progress has China made in streamlining government functions to raise efficiency?
SAIC-GM-Wuling Automobile Co is set to rev up its production efforts in Indonesia, a major country involved in the Belt and Road Initiative that is expected to become a hub for the carmaker's sales to other Southeast Asian markets, according to a senior executive.
Global.epec.com, an international online marketplace for industrial and energy products, has reached an accumulated transaction amount of $13.5 billion in the past two years since its launch in 2017, and has served as a bridge that connects trade in industrial products produced in countries and regions participating in the Belt and Road Initiative.
Chehaoduo Group, parent company of Chinese online used car platform Guazi, is looking to expand its new car business to more county-level regions, as well as further develop its used-car business, to offset slowing growth in China's automobile consumption industry, a top company official said.
State-owned transportation equipment maker China International Marine Containers has taken control of ailing Canadian brewing machine maker Diversified Metal Engineering to further expand its presence in the North American market.
The service robots industry in Shenzhen, Guangdong province, grew rapidly last year, thanks to the rapid growth of artificial intelligence technologies and rising market demand, a white paper said.
Premier Li Keqiang included the development of hydrogen stations for new energy vehicles for the first time in his Government Work Report this year.
Despite a late start in development, the prospects for the hydrogen industry are promising in China, which has advantages in terms of resources and market scale, said Ling Wen, CEO of China Energy Investment Corp.
China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner, is continuously laying out its hydrogen industry plans, taking advantage of its extensive network of gas stations nationwide and its chemical by-products.
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