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China is diversifying its foreign exchange reserves in order to safeguard their value, the State Administration of Foreign Exchange, the country's currency regulator, said on Thursday, dismissing media reports that it was halting or reducing its purchases of United States debt.
China has seen a significant drop of casualties from workplace accidents and natural disasters in recent years, and efforts will be beefed up in major high-risk sectors such as the chemical industry to further improve the situation, according to a senior emergency management official.
China is already the largest market for many premium brands, including Mercedes-Benz and Porsche. Peng said his boss, Aston Martin's President and CEO Andy Palmer, asked why it is not the case with their brand.
China is not only the largest manufacturing market and industrial market, but also carries out a lot of technological innovation. All these factors offer multinationals strong confidence to enrich their presence in China, said Peter Herweck, executive vice-president of Schneider Electric SA, a French industrial conglomerate.
China has urged the Group of 20 (G20) members to fortify cooperation and maintain an open environment to mitigate the COVID-19 epidemic effect on trade and investment, a senior government official said.
来源：资阳报