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Analysts said the survey results show that the Chinese economy remains on track, although policymakers should closely monitor the adverse effect of credit contraction on small enterprises. The Caixin/Markit Services Purchasing Managers' Index (PMI) stood at 52.9 in May, unchanged from April. The composite index, which combines both manufacturing and services PMI, was 52.3 last month, also unchanged from April. A reading above 50 indicates growth.
And with China's deeper engagement with other countries, companies are seeking new opportunities in the global market. The Belt and Road Initiative, proposed by China in 2013, is one strategy in which businesses see huge potential.
Analysts said the move marks the strong confidence the new energy vehicle maker has in the China market as well as China's commitment to further opening-up.
Analysts said Dong might be interested in FAW Xiali because she wants to get a complete car production line and lay out the upstream and downstream of the industry to ensure the new energy vehicles project she invested landing successfully, 21st Century Business Herald reported.
And they aren’t just innovating.
来源：资阳报