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At the event, the company showcases its latest products such as electric excavators. "Here we want to take the opportunity to show that Volvo is, from a global perspective, a leading manufacturer of equipment, but also taking the lead in terms of new technologies," Gurander said.

At the same time, the model recognizes the importance of the international economy in China's development, including further opening-up of the economy to foreign companies.

At the same time, an increasing number of major institutional investors in the Asia-Pacific region are adopting environmental, social and governance guidelines for their investment strategies, increasingly putting pressure on governments and the private sector to issue green bonds that meet such standards, notably the UN Principles for Responsible Investment.

At the end of June, the bank's non-performing loan ratio stood at 1.68 percent, up 0.21 percentage points from the end of 2019.

At the same time, Shanghai will continue to liberalize its financial market to become a more active financial hub.