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Chinese economy will expand 5.5 percent this quarter from a year earlier, and 6 percent in the final three months of 2020, Bloomberg quoted the bank's chief China economist Wang Tao and others as saying.
Chinese construction machinery maker Xuzhou Construction Machinery Group (XCMG) has got the necessary approvals to set up a fully-owned overseas bank in Brazil during the first quarter of this year, according to a top company official.
Chinese consumer electronics giant TCL Corp will ramp up efforts to expand its presence in Europe, India and South America this year, and increase investment in the research and development of artificial intelligence, with a focus on semiconductor display, new material and other emerging businesses.
Chinese State-owned enterprises have begun to attach greater importance to establishing a news release system for their branches abroad as they expand their overseas businesses, said Lyu Dapeng, a spokesman for China Petroleum & Chemical Corp or Sinopec. The company now has a team of 50 spokespersons for overseas markets and has launched Facebook and Twitter accounts.
Chinese private conglomerate Dalian Wanda Group Co Ltd plans to list its sports arm in the Nasdaq exchange in New York as the company keeps making inroads into the international market and strengthen the operation of its sports business.
来源：资阳报