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Companies from Singapore and China will have greater access to each other's markets, especially in services trade, e-commerce and environmental protection areas, after the upgraded China-Singapore Free Trade Agreement took effect on Wednesday.
Competition among property developers has turned from selling houses to management of business assets and maintenance of client relationships, it said.
Collaborating with leading payment service providers and China UnionPay Merchant Services Co Ltd, Citibank's solution enables ecommerce companies to efficiently consolidate their e-wallet transactions, covering both online and offline transactions.
Cong said many sectors have emerged as beneficiaries of the recent outbreak, including online shopping, online education, telecommuting, online entertainment and smart manufacturing, pointing to the strong resilience and potential of the Chinese economy.
Companies from China must be ready for more challenges as the United States and some other countries are tightening the rules on overseas investment since the novel coronavirus outbreak, said Tu Guangshao, former president of China Investment Corp and a member of the Chinese People's Political Consultative Conference National Committee, in an interview with China Daily in Beijing on Wednesday.
来源：资阳报