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China has the third-largest equity and bond market in the world. Although foreign ownership of Chinese bonds and shares is so far only around 2 percent, analysts expect this to change, following an array of recent policies by the Chinese government that further open China's financial market.
China is also an innovator in the new energy vehicle sector, he stressed, adding that the country has become the leader of manufacturing battery packs for lithium-ion batteries, and is also in a commanding position in terms of the production of battery electric vehicles and hydrogen fuel cells.
China is already using this new standard in the market. CIPS and CNAPS are both users of ISO 20022, and "we are currently working with the China payments community to facilitate the transformation," Moon added.
China is fast emerging as brand leader in a wide variety of sectors and many of the leading domestic companies are gaining global recognition for quality, according to a new report from Brand Finance, a London-based brand valuation consultancy.
China is steadfast in supporting Egypt's efforts in fighting against terrorism and safeguarding its national security and stability, the message added.
来源：资阳报