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Companies from Singapore and China will have greater access to each other's markets, especially in services trade, e-commerce and environmental protection areas, after the upgraded China-Singapore Free Trade Agreement took effect on Wednesday.
Coal prices which are jointly decided by fixed midterm and long-term contracts and fluctuating benchmark prices have remained stable and were in a reasonable range in the past few years, he explained.
Compared to developed countries, relatively low industrial concentration forced Chinese companies to enhance technological innovation speed, Zhang said. Statistics of production capacity in steel industry indicate that the industrial concentration of top 4 large enterprises in the United States and Japan is above 70 percent; while the industrial concentration of top 10 Chinese enterprises is less than 40 percent.
Commercial property giant Wanda Commercial Properties Co has signed strategic investment agreements with several internet giants to upgrade its retail business, a deal expected to pave the way for its planned initial public offering in August this year.
Compelling experiences combining pristine nature, wildlife, a city lifestyle, affordable luxury and adventures ranging from mountain hiking to shark cage-diving have made South Africa increasingly appealing to the Chinese.
来源：资阳报