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China's A-share market was born in December 1990, when the Shanghai Stock Exchange debuted with only eight listed firms capitalized at more than 1.2 billion yuan (0 million) in total.
China will use market-oriented legal measures to strengthen policy control and guide companies to cut overcapacity and outdated capacity to establish a long-term market clearing mechanism in order to improve the quality and structure of its industrial capacity in 2018, said He Lifeng, minister of the National Development and Reform Commission.
China will help Vietnam secure Chinese preferential loans and borrow from the Asian Infrastructure Investment Bank to finance infrastructure and joint projects, according to a communique issued during Vietnamese President Tran Dai Quang's visit to China in May.
China's centrally administered State-owned enterprises have either completed or made breakthroughs in a number of big-ticket projects in overseas markets in the fourth quarter of this year, thanks to their reliable supply chains and partner countries' better-than-expected performance in containing the COVID-19 pandemic and boosting the local economy, according to the country's State-asset regulator.
China's National Machinery Import and Export Corporation and rolling stock manufacturer CRRC Tangshan Co., Ltd. manufactured the cars specifically for the Caribbean nation.