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China's ODI has seen rapid growth in recent years. However, noting an "irrational tendency" in outbound investment, authorities have set stricter rules and advised companies to make investment decisions more carefully.
China's Geely Holding is to set up a new joint venture with Volvo Cars to share existing and future car technology, according to a Memorandum of Understanding the two parties signed on July 20.

China's Ministry of Public Security (MPS) launched a special operation on April 9, aiming to arrest 1,712 fugitives suspected of gang and organized crimes.
China will further cut taxes and fees to support private and smaller firms' financing, said Premier Li Keqiang on Friday.
China's Foreign Minister Wang Yi (6th from L) poses with Ministers of Foreign Affairs from other ASEAN countries during a bilateral meeting at the 51st Association of Southeast Asian Nations (ASEAN) Ministerial Meeting in Singapore on Aug 2, 2018. [Photo/VCG]
来源:资阳报