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Chinese companies, including exporters, have seen an increase in cancellations of orders. While most large enterprises have resumed production, according to NBS calculations, many smaller companies are still struggling to resume work under rising financial difficulties and labor shortages.
Chinese composer Ye Xiaogang. [Photo/VCG]
Chinese regulators have been courting foreign investors with accelerated moves to open up China's capital markets.
Chinese enterprises have invested .36 billion in non-financial sectors in 59 countries involved in the Belt and Road Initiative in 2017. Chinese enterprises signed 4.32 billion in contracts with 61 countries involved in the initiative, up 14.5 percent year-on-year and gaining revenue of .53 billion, up 12.6 percent year-on-year.
Chinese e-commerce giant JD reported its transaction volume reached 271.5 billion yuan (.9 billion) during the Singles Day shopping extravaganza held from Nov 1 to Nov 11, an increase of 32 percent compared with last year.
