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China's mass innovation and entrepreneurship programs are the major forces for the robust development of China's private equity funds, contributing to nearly 62 percent of the total PE scale, China Fund News reported.
China's high growth in the wake of the 2008 financial crash reflected its high economic growth potential and the strong growth momentum helped by its full-fledged entry into the global economic trading system in 2001, but it also reflected the very effective policy response to the shock of the crisis, the expert said.
China's decision to hold the Canton Fair online under such unique circumstances is conducive to the safe and smooth operation of the global industrial and supply chains and stable foreign trade and investment, said Ren Hongbin, assistant minister of commerce. The fair will also safeguard the multilateral trading system and boost economic globalization, he said.
China's new energy vehicle startups are upping their fundraising efforts in preparation for kick-starting production of their models.
China's large population and stable economic growth have provided great room for development of enterprises from all over the world, the NBS said. "More and more enterprises from the developed economies have entered the China market and made huge profits and strengthened cooperation with the Chinese side."
来源：资阳报