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Chinese and European tire firms have enjoyed close cooperation, and the EU-initiated probe will not only undermine the interests of Chinese enterprises, but also affect the development of the EU tire industry and the benefits of its own consumers, Wang said.
Chinese companies and institutions are also showing strong willingness across regions including the Asia-Pacific region. "In Southeast Asia, a string of Chinese companies are also helping to modernize this process locally," he said.

Chinese e-commerce giant Alibaba's Ant Financial, operator of the country's biggest online payment platform, raised billion in its Series C round, which market observers called the largest-ever single fundraising globally by a private company.
Chinese internet search giant Baidu Inc reported its total revenues reached 28.1 billion yuan (.93 billion) in the third quarter of this year, flat from last year, while its net profit slid to 4.4 billion yuan, down 35 percent from 6.75 billion yuan a year earlier.
Chinese government bodies are pushing restructuring in the field of coal and electric power so as to fend off coal-fired power overcapacity, according to a statement released on the official website of National Development and Reform Commission Monday.
来源:资阳报