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"From our perspective, the more important aspect is that the Waanyi people will be genuine 50 percent joint venture partners, so the profits derived from all of the work will be shared 50/50 between the Waanyi-Downer corporate entity," he said.
"For the skeptics out there, ask them, which one of them predicted that Tesla would go from 2,500 units delivered to 250,000 units now? I would suspect zero," he said.
"Given that, China is willing to work with all parties to boost confidence in world economy and multilateral cooperation and also hopes that Japan, as the chair country of the summit, to play its due role in this front, specifically in promoting multilateralism, safeguarding the multilateral trading system with the World Trade Organization as its core and in building an open world economy," Kong added.
"Foreign investors' confidence and interest in the Chinese market have considerably increased after the nation expedited financial and automobile sector opening-up," said Shen Yuxin, a partner with the United Kingdom-based Freshfields Bruckhaus Deringer LLP.
"Following the implementation of a registration-based mechanism in the STAR market, the ChiNext board is officially launching a similar system for IPOs. Such reform will increase investment and diversity in the A-share market while enhancing liquidity," said Louis Lau, partner of Capital Markets Advisory Group of KPMG China.
