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Chinese companies have advanced technology in distributed photovoltaic power grid technology, which could well provide power in the continent at affordable prices, said Joseph Jacobelli, a senior analyst of Asian utilities and infrastructure at Bloomberg Intelligence in Hong Kong.
Chinese companies' issuance of GDRs is an important part of the Shanghai-London Stock Connect mechanism which was initiated by the municipal government of Shanghai in late 2015. Under this trading program, London-listed companies will be able to issue Chinese Depository Receipts on the Shanghai Stock Exchange.
Chinese companies have the advantage of market model innovation, while their European partners lead in industrial manufacturing technologies, according to Liu Chang from the European Union Chamber of Commerce in China. "Those advantages are also the direction for cooperation by the two sides," said Liu.
Chinese property operators were under greater pressure due to the slow down in sales in the first four months. Yet, some still decided to purchase more land.
Chinese regulators suspended approval of new online micro-credit firms last November and banned them from conducting cross-regional business.
来源：资阳报