China guides its enterprises toward fulfilling their social responsibilities when investing abroad.
UnionPay is the only Chinese bank card organization in the Chinese mainland. Its cards are accepted in 143 countries and regions outside the mainland.
After their first auctions in each other's territories last autumn, Chinese mainland auction houses are looking into further possibilities in Hong Kong, while the big Western houses try to establish themselves more in the Chinese mainland.
The Belgian port of Antwerp, the second-biggest in Europe, is not only seeking to increase Chinese traffic, but also urging Chinese investors to get involved in a multibillion-euro expansion of the port.
Two to three decades ago, nobody would have said goods made in China were superior to those produced in European nations, especially Germany, which boasted some of the world's top technologies and brands.
Hisense Co Ltd is looking to increase its overseas revenues over the next three years, to account for 50 percent of total TV sales from the current 30 percent.
Outbound mergers and acquisitions were an unknown concept to many Chinese companies before 2008 when the financial crisis engulfed the global economy and caused many overseas assets to depreciate against the yuan, making them more affordable.
Europe is a suitable market for Chinese companies to seek opportunities. However, the United States market is difficult to enter.
China's outbound investment is expected to grow by 15 percent this year, according to a report issued on Tuesday by the NDRC.
China Mobile Communications Corp, the parent company of the world's biggest mobile operator by subscriber, is seeking merger-and-acquisition opportunities in the global market, the company's chairman said.
"I can't sit without a project for five years, even though we are a State-owned enterprise," Wang Xiaoming said in his office in Nairobi.
The United States is expected to be the No 1 destination for Chinese companies seeking mergers and acquisitions in 2013.
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