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China's aviation products still lag behind foreign peers in comprehensive competitive power and market share. "However, we have advantages in cost performance and trading modes," said Yang Ying, president of China National Aero-technology Import and Export Corporation.
China's Belt and Road Initiative is of great importance for Latin America. [Photo/VCG]
China's Belt and Road Initiative has played a key role in staving off the negative impact caused by the COVID-19 pandemic, an expert said on Wednesday.
China will send six to eight new BDS-3 satellites into space this year, and the BDS-3 system is expected to be completed by the end of 2020. China started building the BDS-3 system in 2009.
China will lift foreign ownership limits on securities, fund management and futures companies by the end of this year, a year ahead of the schedule, said the State Council's Office of Financial Stability and Development Committee last year when it announced 11 measures to further expand the financial sector's opening-up. The central government also allowed foreign asset managers to partner with subsidiaries of Chinese banks or insurers to establish foreign-controlled asset management companies.
来源：资阳报