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China e-commerce giant JD has invested 537 million yuan (.5 million) into Allianz China General Insurance Company Ltd for a 33.33 percent stake in the company, becoming the second largest shareholder after the transaction.
China has been undergoing an economic transformation and updating its technology over recent decades. Huang said that had encouraged a large number of multinational companies to set up branches or facilities in the country, bringing more business opportunities for ANZ.
China has been the world's largest new energy vehicle market since 2015. Sales in China were expected to reach 1.2 million by the end of 2018, and the figure is likely to reach 1.6 million in 2019, according to the China Passenger Car Association.
China has become the largest investment market for Temasek Holdings in terms of net portfolio value and the Singaporean investment company will continue to invest in sectors like technology, life sciences and the consumer market in the country, a top company official said on Thursday.
China has launched negotiations with the governments of Singapore and Pakistan to upgrade existing FTAs, Qian added.
来源：资阳报