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China kept lowering tariffs, stepped up the opening of the domestic financial market, and enacted a new Foreign Investment Law－all at a time when protectionism is on the rise globally.
China issued the first Chinese version of International Electrotechnical Commission (IEC) standards during the 12-day 83rd general meeting of IEC, which concluded on Friday in Shanghai.
China not only attracts US investors' attention but also European investors in diversified areas. Unlike Europe, VC constitutes a huge part of PE in China, about 40 percent of PE investments can be deemed VC/growth…compared to only some 14 percent VC in European PE, said Claus Mansfeldt, president of Luxembourg Private Equity and Venture Capital Association.
China punished a number of new energy vehicle manufacturers for fraudulently claiming subsidies, successfully retrieving the subsidies and imposing penalties for a total of 2.3 billion yuan (3.5 million) as of February.
China supports the Philippines as the chairing country of the Association of Southeast Asian Nations this year.
来源：资阳报