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Chinese enterprises usually list their shares in the form of American Depositary Receipts (ADR) in US stock exchanges, representing a feasible and liquid way for US investors to invest in overseas companies. Foreign firms also benefit from issuing ADRs as they come without the hassle and expenses involved in listing on US bourses.
Chinese banks should make strategic moves for transformation to increase their economic value, said McKinsey & Company in a report Wednesday.
Chinese consumers considering buying new energy vehicles are expressing an increasingly positive perception of the sector, with more consumers seeing such vehicles as a conventional option.
Chinese authorities handed out penalties totaling more than 9.1 billion yuan (.32 billion) to Changchun Changsheng Life Sciences Limited for the illegal production of a human rabies vaccine in October.
Chinese companies have the advantage of market model innovation, while their European partners lead in industrial manufacturing technologies, according to Liu Chang from the European Union Chamber of Commerce in China. "Those advantages are also the direction for cooperation by the two sides," said Liu.
来源：资阳报