worldWednesday, December ۱۱, ۲۰۲۴ - ۱۳:۳۸:۵۴
Arya News - China is advancing its drive to force mergers and acquisitions (M&A) in key industries to build up 10 publicly listed companies that can be internationally competitive by 2027. The industries in question include integrated circuits, biopharmaceuticals and new materials, the Shanghai government said, with a target transaction volume of 300 billion yuan (US$41.4 billion) and total assets in excess of 2 trillion yuan.