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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 overseas investment has become a principal engine of global foreign direct investment growth, Qian said. In 2018, China's investment in the overseas markets hit around 0 billion, creating 17 million jobs and contributing billion in tax revenues for host states.
Chinese companies' issuance of GDRs is an important part of the Shanghai-London Stock Connect mechanism, under which London-listed companies will also be able to issue Chinese depository receipts on the Shanghai Stock Exchange.
Chinese internet search giant Baidu Inc announced on Wednesday it has begun volume production of Apolong, China's first fully autonomous mini bus, in partnership with Chinese bus manufacturer King Long, and intends to ship such buses to Japan early next year.
Chinese internet firms said they are gearing up their pace as General Secretary Xi Jinping's speech gives the economy new impetus to soar through increased innovation and a wave of entrepreneurism.
来源：资阳报