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China National Salt Industry Group, or CNSIC, the country's biggest table salt manufacturer by production volume, will accelerate the pace of mixed-ownership reform by introducing new strategic investors and pushing one of its units to be listed in the stock markets in 2020, according to its top executive.
China and the United States are taking extremely different approaches to limiting the economic damage caused by the COVID-19 pandemic and the business shutdowns needed to control the spread of the novel coronavirus. China is focusing on restraining debt while targeting assistance to companies and sectors most affected. The US is borrowing massively to implement the largest monetary and fiscal stimulus package in history.
China also experienced a comparable trend of modernization. So, property companies' experience in the China market will likely give them a head start in those markets compared to competitors from developed countries, he said.
China Hi-Tech Group Corporation is striding into the new energy passenger vehicle business, aiming to provide better service efficiency for customers and secure a chunk of the lucrative market.
China Star Optoelectronics Technology Co Ltd will further increase its investment in Wuhan, capital of Hubei province and the hardest-hit Chinese city during the novel coronavirus epidemic. The leading television panel supplier and subsidiary of home appliances giant TCL said its sales revenue rose by 25 percent on a yearly basis during the first three months of this year.
来源：资阳报