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Chinese authorities have the policy space to tackle economic downside risks, but the counter measures need to be consistent with the structural rebalancing of the country's economy in the longer term, the World Bank said on Thursday.
Chinese financial institutions have provided more than 0 billion for BRI infrastructure projects. Renminbi-denominated overseas investment funds amounted to over 320 billion yuan (.49 billion) and the Chinese capital market has helped companies raise 500 billion yuan through equity funding. BRI countries and companies have issued more than 65 billion yuan in Panda bonds in the Chinese onshore market, according to the central bank.
Chinese companies also are cutting a more distinctive and stronger presence by acquiring the center stages of the exhibition halls and convention venues and becoming used to the spotlight, where they can showcase their best and brightest ideas and products.
Chinese companies enlarged investment on cloud security as cloud computing has become prevalent in the country, industry experts said on Thursday.
Chinese internet search giant Baidu Inc announced on Wednesday its smart living group has entered into definitive agreements with CPE, Baidu Capital and IDG Capital for Series A financing at a post-money valuation of approximately 20 billion yuan (.9 billion).
来源：资阳报