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Chinese automaker FAW Group, established in 1953 in Changchun, set up an overseas investment company in September with five Chinese firms to accelerate its expansion in countries involved in the Belt and Road Initiative.
Chinese enterprises will encounter challenges when expanding overseas, he said. "Any changes in local policies, laws and regulations on, say, overseas investment, or mergers and acquisitions, would increase uncertainty."
Chinese firms signed 115 project deals with a contract value of more than million in the first two months of 2020, accounting for 83.9 percent of the total contract value signed by Chinese companies during this period. Those projects were mainly involved in industries, including transportation infrastructure development, telecommunication and petrochemical engineering.
Chinese banks, especially the listed ones, are actively exploring alternative financing channels to improve their capital management capabilities and promote the efficient use of capital.
Chinese new energy vehicle manufacturer Nio showcases its product lineup and cutting-edge technologies at the 2020 Beijing auto show. [Photo by ZHANG DANDAN/CHINA DAILY]
来源：资阳报