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Chinese officials and financial regulators on different occasions have signaled their intention to further open capital markets to foreign players.
Chinese companies have grown rapidly in recent years and are playing an increasingly important role, not only in China but also worldwide. We have strong and strategic partnerships with many Chinese banks. For example, this February, the China Development Bank and Standard Chartered Bank signed a memorandum of understanding, formalizing a strategic partnership to facilitate trade and investment relating to China's Belt and Road Initiative.
Chinese mainland conglomerate Dalian Wanda Group signed a 63.18 billion yuan (.29 billion) deal on Monday to sell 13 cultural tourism projects and 76 hotels to property developer Sunac, a move that could shift its focus to asset-light business and bolster its vision of relisting in the Chinese mainland.
Chinese bike-sharing giant Ofo Inc announced on Monday that it will officially launch its bicycle-sharing services in Thailand from Aug 1, marking the latest step toward its ambitious goal to cover 200 cities in 20 countries by the end of this year.
Chinese netizens generally had higher satisfaction with the use of shared economic products in 2019. The proportion of users who are very satisfied and satisfied is more than 50 percent, according to the report.