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China's business environment has been enhanced a great deal with many British companies acquiring new license operating in China, British financial service companies being able to acquire larger stakes in joint venture and the Shanghai-London Stock Connect as an obvious big step for further cooperation in financing services.
China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and encouraging policies, with sales rising 4.4 percent year-on-year. This ended a contraction streak over the past 21 months, according to CAAM.
China will work hard to stabilize the macroeconomy next year, with greater efforts to prevent and defuse risks in key areas, the country's top economic regulator said.
China's advanced technology in distributed photovoltaic power grid technology, for example, could well provide power in the continent at affordable prices, he said.
China will promote effective conversion of household savings into long-term funds in capital markets by strongly developing enterprise annuities, as well as various health and endowment insurance products, according to the China Banking and Insurance Regulatory Commission.
来源：资阳报