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Chinese companies making overseas investments must focus more on risk prevention and asset safety as foreign nations are constantly changing scrutiny rules, said the former president of China's 1 billion sovereign wealth fund.
Chinese embassy's Economic and Commercial Counsellor Jin Yuan met on Wednesday with Senen Perlada, Philippine Department of Trade and Industry Export Marketing Bureau Director. During the meeting, both have agreed to hold three roadshows of the CIIE in March. The first roadshow will be held on Mar 16 in Metro Manila, the second one will be held on Mar 20 in Cebu, the second largest city in the Philippines and the third one will be held on Mar 23 in Davao, a major city in the southern Philippines.
Chinese bike-sharing company Youon Technology Co Ltd will form a joint venture with United Kingdom operator Cycle.Land to roll out 1,000 new dockless bicycles in London in March, the enterprises announced on Monday.
Chinese banks could struggle to issue more loans to small companies because many such companies have a poor credit history. Commercial banks' bad loan ratio stood at 1.74 percent amid the strengthened efforts to rein in risks.
Chinese logistics giant SF Holdings completed the country's first cargo trial operation of a large unmanned aerial vehicle in August, laying a solid foundation for future commercial operations in the segment.
来源：资阳报