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"Chinese manufacturers were often regarded as resource-intensive or labor intensive ones, but lack of competitiveness in high-tech products. As one of the stated-owned enterprise, we felt obliged to change the stereotype of Chinese manufactures and try to compete with foreign companies in some high-tech areas," said Wang.
"China's performance indicates that the torrents of merger and acquisition activities aiming to forge globally influential conglomerates are starting to pay off," said Jiang Qingyun, a business professor at Fudan University's School of Management. "It's a natural reflection of the country's overall economic status."

"China will continue to raise policy transparency and stability, optimize government services and improve the business environment for investors from all around the globe."
"Constraints over local governments' budgets will be made more binding," it said, noting that "disorderly use of debt financing for construction will be resolutely stopped and the governments' bond issuance practices will be standardized."
"Chinese movies during this year's Spring Festival had a better online reputation than those in previous years. Good film quality and enthusiasm from consumers generated better box office receipts this year," said Xiang Huaquan, president of the Sichuan Emei Film Group, one of the producers of the action movie "Operation Red Sea."
来源:资阳报