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China and Italy also cooperate in the field of cultural heritage, including training in restoration of cultural relics, exchange exhibitions and joint archaeological surveys.
China allowed foreign investors to gain control of joint venture securities companies last April, and UBS AG became the first foreign bank to increase its stake to a majority 51 percent in its joint venture in China, UBS Securities Co Ltd, according to a report from wallsteetcn.com.
China and ASEAN countries are leading the post-COVID economic recovery, a main reason governments and financial institutions from these countries are hoping to collaborate more in this economically challenging period even as the pandemic poses challenges to cross-border capital flows in Asia.
China National Petroleum Corp, or PetroChina, the country's largest oil producer, said its production and operations remained stable in 2017 with profits almost triple the previous year as earnings from exploration and production overcame asset write-downs.
China Mobile Communications Corp, the world's largest telecom carrier by subscribers, has stepped up efforts to develop 5G technology.
来源：资阳报