Overseas media reviews during China's two sessions (IV)
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On Overseas investment
Chinese businesses will be encouraged to bring e-commerce, big data, cloud computing and artificial intelligence services to countries along the BRI trading routes to help them develop a digital economy and integrate into the global economy.
Mr Zhong (China's minister of commerce Zhong Shan) stressed that future outward investments will be focused on the BRI and pledged to continue to rein in irrational overseas investments.
China aims to become trade and economic giant by 2050 - The Straits Times
The state assets administrator characterized further internationalization by state firms as "inevitable and completely understandable".
State firms, at home, would be pushed to improve their asset quality and boost their equity capital, Xiao (Xiao Yaqing, head of China's State-Owned Assets Supervision and Administration Commission) said.
China state assets regulator says debt reduction, curbing risks still key - Reuters
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- Delivering social benefits
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