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China also should strike a delicate balance between volatility and stability. It should keep policies and regulations, especially the implementation of policies and regulations, stable so as to be able to absorb the impact of any volatility in markets.
China Communications Construction and China Resources are going to put more of their industrial resources into the integrated development of the Yangtze River Delta region, while Sinochem Group and ChemChina expressed their interest in exploring opportunities from the expansion of the China (Shanghai) Pilot Free Trade Zone. China Baowu Steel Group, China COSCO Shipping and China Resources will support the listing of their innovation-oriented arms on the newly launched STAR Market, or science and technology innovation board.
China National Aviation Fuel Group Ltd (CNAF), the country's largest aviation fuel supplier by sales revenue, plans to invest in equipment manufacturing and innovation in economies related to the Belt and Road Initiative over the next several years to expand its global presence, said its top executive.
China Pacific Insurance has introduced Swiss Re Principal Investments Co Asia Pte Ltd as its cornerstone investor. The Swiss reinsurance company has purchased about 28.88 million GDRs, which have a three-year lock-in period.
China Southern Power Grid's 800-kilovolt ultra-high voltage direct current project was put into operation on Friday. [Photo/Official Weibo account ofChina Southern Power Grid]