Strong Competitor
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China stresses
finance for companies 'going global'
(Xinhua)Updated: 2014-12-24
21:38
BEIJING -- The Chinese
government will boost financing support for Chinese companies investing and
operating overseas, or "going global", an official statement showed
Wednesday.
Better finance for
those companies can make full use of China's excess production capacity and
promote the cooperation with foreign companies, according to a statement
released after a State Council executive meeting presided over by Premier Li
Keqiang.
"The move will
raise the international competitiveness of Chinese products, especially
equipment products, boost structural upgrading of foreign trade and push manufacturing
and financial sectors to a medium-high level," the document showed.
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