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Domestic companies will have to meet challenges of complying with rigorous laws and regulations, as China's cyber security law took effect in June 2017.
Domestic investors made .5 billion of non-financial ODI in 2,023 overseas enterprises in 140 countries and regions for January-March, up 24.1 percent from the same period last year.
Despite the progress, more efforts are needed to pursue breakthroughs in a number of areas, including general processors, fundamental consumer and enterprise software as well as other crucial technologies, said Xie Shaofeng, director of the informatization and software service division at the Ministry of Industry and Information Technology.
Direct financing channels will be expanded for business startups, including those with great development potential but yet to earn profits which will be supported in going public, according to a State Council guideline released on Wednesday.
Disney said the coronavirus pandemic cut second quarter net income by 91 percent from the same period a year ago to 5 million as theme parks closed in China, Europe and the US due to the coronavirus pandemic and from cost associated with consolidation of 21st Century Fox assets acquired in 2019.
来源：资阳报