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China Railway Group Ltd, the Beijing-based centrally administrated State-owned construction contractor, has been teaming up with local business partners across the world to sustain its big-ticket projects even though a number of infrastructure project operations have been slowed by the COVID-19 pandemic.
China Life Asset Management Co Ltd has already started conducting research on establishing this category of special products to take part in resolving the risks of listed companies whose loans are backed by equity collateral, Wang Junhui, chief investment officer of China Life Insurance (Group) Co and president of China Life Asset Management Co, said in an article published in the Beijing-based Securities Times on Thursday.
China National Petroleum Corp, the country's largest oil and gas producer, holds a 50.9 percent stake in the pipeline, while Myanmar Oil and Gas Enterprise owns the remainder.
China and the EU have now become the world's two major forces for upholding multilateralism and globalization amid the United States' rising unilateralism and protectionism.
China announced a plan in 2016 to establish a national green finance mechanism, becoming the first country in the world to make such a move. It also helped push green finance to be included on the G20 agenda.
来源：资阳报