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China's benchmark CSI 300 index has seen about a 27 percent increase this year, in dollar terms, beating the S&P 500 by more than 13 percentage points. Shenzhen's tech-focused ChiNext has risen some 59 percent, on the same basis, exceeding the US tech benchmark, the Nasdaq Composite.
China's Foreign Investment Law, adopted in March, is a positive step forward, Collins said, adding that the company has been encouraged by it. "We are working to understand the law and make sure we are able to follow all of the elements in it."
China's central bank, the People's Bank of China, took action late on Wednesday to lower the credit evaluation standards for financial institutions. The measure will allow more of them to deposit less funds in the central bank as reserve requirements, according to a statement on the PBOC's website.
China will stimulate the launch of businesses and innovate with deepened reforms to streamline administration, delegate powers and improve regulations and services.
China will see sales recovery in its auto market continue well into 2021, said the country's passenger car association, with an estimated retail sales growth of around 7 percent from 2020.
来源：资阳报