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China Media Capital, an investment fund backed by the Chinese government, had previously announced a joint venture with Warner Bros called Flagship Entertainment.
China Petroleum and Chemical Corp, known as Sinopec and the world's largest refiner by volume, said its non-fuel business posted a net profit of 2 billion yuan (3 million) during the first six months of this year, up 7.4 percent on a yearly basis, despite the negative effect of the COVID-19 epidemic.
China and Singapore signed a memorandum of understanding last year to develop the New International Land-Sea Trade Corridor, which brings China and ASEAN together. Another highlight in Sino-Singapore relations was that the Sino-Singapore Guangzhou Knowledge City (SSGKC) was upgraded and will act as a pivotal platform for the city's reform and opening-up.
China and other countries would like to invest along the Belt and Road. But the investment climate needs to be good. There are a lot of infrastructure needs, but the policy environment for infrastructure investment needs to be right. A great deal of reforms will also be necessary to make the Belt and Road Initiative a success. Then, of course, there is the infrastructure itself, which will require quite a bit of financing, and that is one of the areas that the World Bank and our colleagues from the private sector arm, the International Financial Corporation, are focusing our efforts on. We are looking at policy, sectoral investment climate, and financing as well.
China Reinsurance (Group) Corporation (China Re) launched "China Earthquake Catastrophe Model v2.0", which is China's first proprietary commercial earthquake catastrophe model certified by the Seismological Society of China.
来源：资阳报