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Chinese companies' issuance of GDRs is an important part of the Shanghai-London Stock Connect mechanism which was initiated by the municipal government of Shanghai in late 2015. Under this trading program, London-listed companies will be able to issue Chinese Depository Receipts on the Shanghai Stock Exchange.
Chinese automakers have reportedly been interested in entering the competitive US market. In January Guangzhou Automobile Group or GAC, said it would open a research and development (R&D) center in Silicon Valley in California.
Chinese enterprises should spare no efforts in adapting to changes in external demand due to the pandemic, and provide scarce supplies in a timely fashion. In particular, medical equipment manufacturers should ramp up research and development to upgrade their products to better satisfy practical needs in overseas markets.
Chinese actress Zhou Dongyu releases new fashion photos. [Photo/IC]
Chinese companies attending the annual Consumer Electronics Show (CES), which will kick off in Las Vegas on Tuesday, will not only launch new products, disruptive technologies and applications during the four-day extravaganza, but push for more cooperation with international counterparts.
来源：资阳报