1.The criticism was
wholly unjustified.
这样的批评完全是不公平的。
2.While the two are only days apart in age they seem to belong to
wholly different generations.
虽然这两位年龄上只差几天，他们却好像是完全不同年代的人。
The Zhanjiang site, involving BASF's largest investment and wholly owned by the group, will ultimately become the group's third-largest site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium.
湛江工厂涉及巴斯夫最大的投资，由该集团全资拥有，最终将成为该集团全球第三大工厂，仅次于德国路德维希港和比利时安特卫普。
In late December, China Medical System, a Shenzhen, Guangdong province-based biopharmaceutical company, announced the acquisition of a factory in Singapore through wholly owned subsidiary CMS Medical Venture Pte Ltd and non-wholly owned units Rxilient Health and PharmaGend Global Medical Services Pte Ltd.
12月下旬，位于广东省深圳市的生物制药公司中国医疗系统宣布通过全资子公司CMS Medical Venture Pte Ltd和非全资子公司Rxilent Health and PharmaGend Global Medical Services Pte Ltd.收购新加坡的一家工厂。
Mero1 has consistently maintained a good production status since it was put into operation in May, with a daily crude oil production capacity of 25,500 metric tons, one of the most productive offshore oil fields in Brazil so far, said Huang Yehua, president of CNOOC Petroleum Brazil Ltda, a wholly owned subsidiary of CNOOC.
中海油全资子公司中海油巴西有限公司总裁黄业华表示，自5月投产以来，Mero1一直保持着良好的生产状态，原油日产量为25500公吨，是迄今为止巴西产量最高的海上油田之一。
The daily production of the Stabroek Block is expected to reach about 620,000 barrels of crude oil per day by 2024, which will further the high-quality development of the company, said Zhou Xinhuai, CEO and president of CNOOC Ltd. CNOOC Petroleum Guyana Ltd, a wholly owned subsidiary of CNOOC, holds 25 percent interest in the Stabroek Block.
中海油全资子公司有限公司中海油圭亚那有限公司首席执行官兼总裁周新怀表示，到2024年，Stabroek区块的日产原油预计将达到约62万桶，这将进一步推动公司的高质量发展。
We are the first global manager to receive an onshore investment management WFOE (wholly foreign-owned enterprise) license back in 2015, and we set up a QDLP (qualified domestic limited partnership) entity in 2018, which allows us to offer global investment solutions to onshore professional investors.
我们是第一家于2015年获得在岸投资管理WFOE（外商独资企业）许可证的全球管理公司，并于2018年成立了QDLP（合格国内有限合伙企业）实体，使我们能够为在岸专业投资者提供全球投资解决方案。
Established in 2020, Guizhou Wanglaoji Ciningji Industry Development Co is a wholly owned subsidiary of Guangzhou Wanglaoji Great Health Industry Co, which produces the Ciningji series of health drink products.
贵州王老吉四宁记产业发展有限公司成立于2020年，是广州王老吉大健康产业有限公司的全资子公司，生产四宁记系列保健饮料产品。
Through JVs and wholly owned enterprises, Shell operates a retail network of around 2,800 mobility locations, including around 2,000 fuel stations and 800 stand-alone EV stations, with an EV charging network of 25,000 public charging points in operation in China, it said.
壳牌表示，通过合资企业和全资企业，壳牌运营着一个由约2800个移动地点组成的零售网络，包括约2000个加油站和800个独立的电动汽车站，在中国运营的电动汽车充电网络由25000个公共充电点组成。
A wholly owned subsidiary of Temasek Holdings, SP Group owns and operates the electricity and gas transmission and distribution network in Singapore.
SP集团是淡马锡控股公司的全资子公司，拥有并运营新加坡的电力和天然气输配网络。
China has attracted several international companies, including ExxonMobil, BASF and Aramco, to invest in China, either through joint ventures or wholly owned projects, said Wang Lining, director at the Oil Market Research Department of the Economics and Technology Research Institute of China National Petroleum Corp.
中国石油天然气集团公司经济技术研究院石油市场研究部主任王立宁说，中国已经吸引了包括埃克森美孚、巴斯夫和阿美在内的几家国际公司通过合资或全资项目在中国投资。
MoldTecs, a supplier of plastic parts wholly owned by Mutares, was registered in Taicang of East China's Jiangsu province in February.
MoldTecs是Mutares全资拥有的塑料零件供应商，于2月在中国东部江苏省太仓市注册成立。
Dada Auto, a wholly owned subsidiary of NaaS, has entered into an agreement to acquire 89.99 percent of issued and outstanding shares of Sinopower HK on June 12, a significant step in NaaS' business expansion.
NaaS的全资子公司达达汽车已于6月12日签署协议，收购中电香港89.99%的已发行和流通股，这是NaaS业务扩张的重要一步。
In addition to taking on the role of Alibaba's CEO, Wu will continue to serve as chairman of Alibaba's wholly owned subsidiary Taobao and Tmall Group.
除了担任阿里巴巴CEO外，吴还将继续担任阿里巴巴全资子公司淘宝和天猫集团的董事长。
The new fleet of fully automated CRL trains will be wholly designed and manufactured by CRRC Qingdao Sifang, the company said.
该公司表示，新的全自动CRL列车将完全由中车青岛四方设计和制造。
In January 2019, Tesla broke ground on its Shanghai Gigafactory, becoming the first to benefit from a new policy allowing foreign carmakers to establish wholly owned subsidiaries in China.
2019年1月，特斯拉在其上海超级工厂破土动工，成为第一家受益于允许外国汽车制造商在中国设立全资子公司的新政策的公司。
The only exception is the Taobao Tmall commerce group, which will remain wholly owned by Alibaba.
唯一的例外是淘宝天猫商业集团，该集团仍将由阿里巴巴全资拥有。
In January, Standard Chartered Bank (Hong Kong) Ltd obtained regulatory approval to set up a wholly foreign-owned securities company in Beijing, which will further enhance the group's position in China's onshore capital markets.
今年1月，渣打银行（香港）有限公司获得监管部门批准，将在北京设立一家外资证券公司，这将进一步提高该集团在中国境内资本市场的地位。
The center, covering Nike's entire product distribution in the Chinese market, is supported by smart technologies, and is wholly powered by renewable energy.
该中心覆盖耐克在中国市场的整个产品分销，由智能技术支持，完全由可再生能源提供动力。
It is being built by Sinopec Star Co, a wholly owned subsidiary of China Petrochemical Corp, or Sinopec - the world's largest refiner by volume and the country's biggest geothermal developer.
它由中国石化集团公司的全资子公司中石化之星公司（Sinopec Star Co）建造，中石化是世界上产量最大的炼油商和中国最大的地热开发商。
With the full controlling stake, Morgan Stanley has become the seventh wholly foreign-owned mutual fund firm in China ever since the CSRC completely lifted foreign ownership limits on mutual fund companies on April 1, 2020.
自2020年4月1日中国证监会完全取消对共同基金公司的外资持股限制以来，摩根士丹利凭借其全部控股权，成为中国第七家外商独资共同基金公司。
Wholly owning the China mutual fund business adds a significant pillar of growth to the company's global investment franchise, said Dan Simkowitz, head of investment management at Morgan Stanley.
摩根士丹利投资管理主管Dan Simkowitz表示，全资拥有中国共同基金业务为该公司的全球投资特许经营增加了一个重要的增长支柱。
The world's largest asset manager, BlackRock, with assets under management of $8.6 trillion as of the end of 2022, was the first foreign firm approved by the CSRC in August 2020 to set up a wholly foreign-owned mutual fund company in the country.
截至2022年底，全球最大的资产管理公司贝莱德管理的资产达8.6万亿美元，是中国证监会于2020年8月批准在该国设立外商独资共同基金公司的第一家外国公司。
US asset management firm Fidelity Investment, where a number of star fund managers such as Peter Lynch and Anthony Bolton have honed their skills, was approved in August 2021 to start a wholly owned mutual fund business in China.
美国资产管理公司富达投资（Fidelity Investment）于2021年8月获准在中国开办全资共同基金业务，彼得·林奇（Peter Lynch）和安东尼·博尔顿（Anthony Bolton）等多位明星基金经理在该公司磨练了自己的技能。
The wholly owned firm is scheduled to hold an opening ceremony on Feb 14.
这家全资子公司定于2月14日举行开业典礼。
Data from the CSRC showed that VanEck and AllianceBernstein — investment firms based in New York — have submitted their applications to set up wholly foreign-owned mutual fund companies in the Chinese onshore market.
中国证监会的数据显示，总部位于纽约的投资公司VanEck和AllianceBernstein已经提交了在中国在岸市场设立外资共同基金公司的申请。
Founded in 2020, the group is a wholly State-owned company with registered capital of 150 billion yuan.
集团成立于2020年，是一家国有独资公司，注册资本1500亿元。
Zhang Xiaoyu, CEO of AIA Life Insurance, consideres this project "a milestone" for AIA's continued investment in China, as this has been the biggest acquisition ever since the firm was incorporated as the first wholly foreign-owned life insurance company in China in 2020.
友邦人寿首席执行官张晓宇认为，该项目是友邦保险继续在中国投资的“里程碑”，因为这是自2020年该公司作为中国第一家外资独资人寿保险公司成立以来最大的一次收购。
After the process is completed, Beijing-based Sinosteel will become a wholly owned subsidiary of China Baowu.
这一过程完成后，总部位于北京的中钢集团将成为中国宝武集团的全资子公司。
Adora Cruises, the newly launched cruise brand under CSSC Carnival Cruise Shipping Ltd, on Monday joined a partnership with China Duty Free Cruise Services Ltd, a wholly owned subsidiary of China Duty Free Group, to introduce the country's largest duty-free shopping center on board an oceangoing vessel.
周一，中船嘉年华邮轮有限公司旗下新推出的邮轮品牌Adora Cruises加入了与中国免税集团全资子公司中国免税邮轮服务有限公司的合作伙伴关系，在一艘远洋船上推出中国最大的免税购物中心。
The comments came after the German media quoted sources stating that the German government plans to approve Silex Microsystems AB, a Sweden-based wholly subsidiary of Sai MicroElectronics, to acquire Germany company Elmos Semiconductor SE's auto chip line in Dortmund in the upcoming weeks.
此前，德国媒体援引消息人士的话称，德国政府计划在未来几周内批准赛微电子的瑞典全资子公司Silex Microsystems AB收购德国Elmos Semiconductor SE公司在多特蒙德的汽车芯片生产线。
"Thanks to the Chinese government's decision to scrap limits on foreign ownership of electric vehicle companies, Tesla became the first wholly foreign-owned vehicle manufacturer in the country," Tao said.
陶说：“由于中国政府决定取消对外国拥有电动汽车公司的限制，特斯拉成为中国第一家外商独资汽车制造商。”。
T-Systems, a wholly owned subsidiary of the Deutsche Telekom Group, aims to help accelerate digital transformations in China with cutting-edge digital solutions in areas such as automotive and smart marketing.
T-Systems是德国电信集团的全资子公司，旨在通过汽车和智能营销等领域的尖端数字解决方案，帮助加快中国的数字化转型。
In the meantime, Ye Guofu, founder of Miniso, said he is bullish on the growth potential of the pop toy market in China, and he hopes that within three years, Miniso's wholly owned subsidiary Top Toy, a Chinese toy brand that was founded in late 2020, will go public individually.
与此同时，Miniso创始人叶国富表示，他看好中国流行玩具市场的增长潜力，并希望在三年内，Miniso的全资子公司Top toy，一个成立于2020年底的中国玩具品牌，能够单独上市。
Generally, if a city's traditional lighting system is to be wholly replaced by high-quality LED lighting systems, the energy to be saved can be up to 50 percent, Wang said.
王说，一般来说，如果一个城市的传统照明系统要完全被高质量的LED照明系统取代，可以节省50%的能源。
On May 24, it announced that a nucleic acid test kit for detecting hepatitis B, hepatitis C and HIV developed by Sanway Gene, its wholly owned subsidiary, had received certification from a European Union Notified Body, marking the fourth Conformite Europeenne (CE) certification obtained by Sansure Biotech for List A products following the certification of three other products on May 20.
5月24日，该公司宣布，其全资子公司三威基因开发的一种用于检测乙型肝炎、丙型肝炎和艾滋病毒的核酸检测试剂盒已获得欧盟公告机构的认证，这标志着继5月20日其他三种产品获得认证后，三威生物技术公司第四次获得a级产品的符合欧洲标准（CE）认证。
Ocean East Logistics Co, one of Maersk's wholly owned subsidiaries in Shanghai, has maintained closed-loop operations since mid-April, helping customers with warehousing, consolidation and distribution services.
东方海洋物流公司是马士基在上海的全资子公司之一，自4月中旬以来一直保持闭环运营，帮助客户提供仓储、整合和配送服务。
Moving beyond railroadsCREC4, which has 18 wholly owned affiliates, 10 branch companies, 41 operating branches, 10 regional operation headquarters, numerous other subordinate units and eight overseas operating offices, has gone beyond its main businesses of railway and highway construction and now is involved in building housing, municipal public works and water conservancy projects.
中铁四局拥有18家全资子公司、10家分公司、41家运营分公司、10个区域运营总部、众多其他下属单位和8个海外运营办事处，已超越铁路和公路建设的主营业务，目前涉足房屋建筑、市政公用工程和水利工程。
INVOX, its wholly owned subsidiary in Europe, will continue to search for investment opportunities, while propelling the group company's internationalization based on strategies involving breakthrough innovation platform, advanced delivery platform and global license transactions, the company said.
该公司表示，其在欧洲的全资子公司INVOX将继续寻找投资机会，同时根据突破性创新平台、先进交付平台和全球许可证交易等战略推动集团公司的国际化。
CNOOC Petroleum Guyana Ltd, a wholly owned subsidiary of CNOOC Ltd, holds a 25 percent stake in the venture.
中海油圭亚那石油有限公司是中海油有限公司的全资子公司，持有合资企业25%的股份。
China Unicom Global Ltd said on Thursday that the US Federal Communications Commission's order to revoke the section 214 authority of its wholly owned subsidiary in the US lacked any justifiable grounds.
中国联通全球有限公司周四表示，美国联邦通信委员会撤销其在美全资子公司第214条授权的命令没有任何正当理由。
The new company now wholly owns China United Cement Co and Sinoma Cement Co Ltd, a 99.93 percent share in South Cement Co Ltd and 95.72 percent of Southwest Cement Co Ltd.
新公司现在全资拥有中国联合水泥股份有限公司和中马水泥股份有限责任公司，分别持有南方水泥股份有限公司99.93%和西南水泥股份有限有限公司95.72%的股份。
"Citi is striving for re-entry in China's securities market with the aim of setting up a wholly owned domestic securities business in the country after it exited the market in 2019, Financial Times reported on Friday.
据英国《金融时报》周五报道，“花旗正在努力重新进入中国证券市场，目的是在2019年退出市场后，在中国建立一家全资的国内证券业务。
The CSRC lifted the foreign ownership cap on securities companies starting April 1, 2020, allowing qualified foreign investors to render applications to establish new wholly owned securities companies or change actual controllers in their existing joint ventures, to further implement China's policy of opening up its financial sectors.
中国证监会自2020年4月1日起取消证券公司外资持股上限，允许符合条件的外国投资者申请设立新的全资证券公司或变更其现有合资企业的实际控制人，以进一步落实中国金融业开放政策。
Upon completion, Allianz China Life will become a 100 percent owned subsidiary of Allianz China Holding, and the first wholly foreign-owned life insurance company in China developed from a joint venture.
建成后，安联中国人寿将成为安联中国控股100%控股的子公司，也是中国第一家由合资企业发展而来的外商独资人寿保险公司。
"We are very pleased to receive approval to be the first wholly foreign-owned life insurance company in China developed from a joint venture," said Sergio Balbinot, board member of Allianz SE and chairman of Allianz China Holding.
安联保险董事会成员、安联中国控股董事长塞尔吉奥·巴尔比诺表示：“我们很高兴获得批准，成为中国第一家由合资企业发展而来的外商独资人寿保险公司。”。
Culiangwang, a wholly owned subsidiary of Coca-Cola China, has also launched Zhibaishuo Oat Milk, a plant-based beverage offering consumers a non-dairy milk alternative.
The introduction of Fairlife, a wholly owned subsidiary of the Coca-Cola Company, has based on its good sales records and penetrations in many oversea markets.
"Digital economy has become an important driver of quality, efficiency improvement and economic growth," said Wang Yanfang, general manager of State Grid Electronic Commerce Co Ltd, a wholly owned subsidiary of State Grid that is the main initiator and member-director of the alliance's executive council.
Hangzhou Wahaha Hongzhen Investment Co Ltd, a company wholly owned by Zong, holds 90 percent of the shares of Wahaha Venture Capital, and another 10 percent are held by Zong's wife Shi Youzhen, according toxa0Tianyancha.
United States-based DTS, a leading high-definition audio solutions provider and a wholly owned subsidiary of Xperi Corp, has seen new growth opportunities in China's rising home entertainment market.
On June 11, BlackRock, the world's largest AMC, received the green light from the Chinese regulator to start a wholly owned mutual fund business in China, making it the first of its kind in the country.
With an office in Lujiazui, BlackRock is preparing to launch its first batch of products with the newly approved wholly owned entity, said Zhang Chi, general manager of BlackRock Fund Management Co Ltd, the parent company's local unit.
Chinese software-as-a-service education provider EEO recently announced a wholly owned investment into Beijing Nobook Edu and Tech Co Ltd, a technology education firm that develops educational software.
Their comments came after Potevio, a telecoms equipment maker, was integrated into China Electronics Technology Group Corp, a major player in the internet and information technology industry, as a wholly owned subsidiary with the approval of the State Council, China's Cabinet.
Potevio was integrated into China Electronic Technology Group Corporation as a wholly owned subsidiary after the State Council approved the move.
During the third quarter, Fonterra completed the sale of its shareholding in Beingmate, marking a full exit of its investment in the company and completed the sale of Fonterra's two wholly owned China farming hubs.
Top Toy, a wholly owned subsidiary of Chinese budget retailer Miniso Group Holding Ltd, plans to launch its first overseas store in Singapore in the latter half of the year, as the company has seen enormous demand and concrete business opportunities in the pop toy market, and it aims to become a global pop toy collection brand.
In late 2020, Total's wholly owned subsidiary Saft opened a new manufacturing hub for energy storage solutions in Zhuhai, Guangdong province, which will support the transition to renewable energy.
In November, AIA Life Insurance applied to set up a branch in Sichuan province after it was incorporated as the first wholly foreign-owned life insurance company last year.
With the currently approved capacity of 8,000 liters of biologics for commercial supply, the wholly owned facility will immediately begin production to ensure supply of tislelizumab to the market.
It will be established and wholly owned by the commission on behalf of the State Council.
Once established in Beijing, Allianz Insurance Asset Management Co Ltd will be the first wholly foreign-owned insurance asset management company in China, and will have registered capital of 100 million yuan ($15.4 million).
United States-based DTS, a leading high-definition audio solutions provider and a wholly owned subsidiary of Xperi Corp, is looking to tap into new business opportunities in China, betting big on the country's promising home entertainment market.
Developed and constructed by China Power Equipment Company, a wholly owned subsidiary of State Grid Corporation of China, the transmission link is one of the key projects of the China-Pakistan Economic Corridor.
Earlier this year, the company registered a wholly owned subsidiary Huosheng Industrial Technology Co Ltd in Wuhan as the company's emerging market China headquarters and innovation center.
The other two are a joint venture with North Huajin Group in Panjin, Liaoning province, and a wholly owned facility in Jinshan, Shanghai.
"As early as 1999, Total began to operate its first wholly owned service stations in Wuhan, and extended to a network of more than 300 service stations both independently and in joint efforts with local partners across the country," said Ian Lepetit, president of Total China Investment.
Alfred F. Kelly Jr, chairman and chief executive officer of Visa, said last year the leading global payments technology company has applied for a bank card clearing license in China as a wholly owned foreign enterprise.
The company will be wholly controlled by Ant Financial and led by Hu Xiaoming, CEO of Ant.
Bayer announced a commercial agreement with WaveForm Technologies Inc, a wholly owned subsidiary of AgaMatrix Holdings LLC and developer of novel products, on Monday for continuous glucose monitoring (CGM) based in Wilsonville, Oregon, the United States.
As a wholly owned subsidiary of AgaMatrix Holdings LLC, WaveForm discovers and develops novel and proprietary new technologies for diabetes care.
The new roasting facility, wholly owned and operated by Starbucks, will source coffee from China and around the world directly from origin for processing, roasting, packaging and distribution.
In Aug 2012, Zijin Mining's wholly owned overseas subsidiary acquired an 89.15-percent stake in Norton Gold Fields, becoming the first Chinese enterprise to successfully buy out a major gold mine overseas.
The securities joint venture will be wholly owned by Orient Securities after the transaction is completed.
Since 2014, more than 20 hospitals partnering with foreign or wholly foreign-funded medical institutions have been awaiting approvals to enter Shanghai to provide services to the affluent Yangtze River Delta region, according to a report by China National Radio.
The wholly State-owned company, founded in 2011 on the basis of 14 provincial, municipal, and district electric and engineering enterprises, previously had only sporadic businesses overseas.
Therefore, we are able to build a wholly owned smart Verbund site in Guangdong.
The new measures open up more investment areas, such as the first foreign wholly owned automotive plant, which lowers the investment entry barrier and provides solid support for foreign investors to continue our presence in China.
The 50 billion-yuan ($6.99 billion) plant is the company's first factory outside the United States and the first automobile production project wholly owned by foreign capital in China.
ICBC, the country's largest State-owned commercial lender by assets, said on July 28 its wholly owned unit, ICBC Financial Asset Investment Co, will invest up to 3 billion yuan ($420 million) in a 10.82 percent stake of Bank of Jinzhou.
For the best part of the past four decades, the foundation has wholly funded more than 260 Chinese physicians to fulfill medical educational programs in Japan.
In June, Fonterra started a strategic review of its two wholly owned farm hubs in China, which might lead to the sale of the two farms and possibly pose a threat to its growing fresh milk and food service businesses in the country.
"So far, Perfect World has wholly owned subsidiaries in North America, Europe and Asia, and has set up 20 overseas branches in countries and regions including the US, the Netherlands, France, South Korea and Japan.
China CITIC Bank International, which is wholly owned by China CITIC Bank, has expanded its footprint to include 30 branches in Hong Kong, as well as overseas branches in New York, Los Angeles, Macau, and Singapore.
Since mid-2014, more than 20 hospitals partnering with foreign medical institutions or wholly foreign-funded facilities have been awaiting approvals to enter Shanghai to gain a share of the Chinese medical care market, a report by China National Radio said.
In Shanghai, where the first such joint venture appeared in 1989, the speed of foreign investment in the field has accelerated in recent years, especially after the Shanghai FTZ measures began to allow the establishment of wholly foreign-invested medical institutions in 2013, then eliminated the minimum investment amount and the limit of operating years in the following year.
Pudong district government said in 2018 that there will be at least eight Sino-foreign joint venture or wholly foreign-funded hospitals in the district by 2020.
After the takeover, individuals will have deposits in the bank wholly guaranteed, and can withdraw or deposit as usual.
Deloitte China will establish a wholly foreign-owned company as the Hainan regional headquarters to provide professional services to clients, the company said.
Why did Shell choose to cooperate with CNOOC on the expansion of the Huizhou petrochemicals complex when you can invest in wholly owned petrochemical projects in China?
Within two years, the company will get more ANDAs through its wholly owned subsidiary Wanzhou International, covering treatments for many common medical conditions such as tumors, cardiovascular and cerebrovascular diseases, and arthritis, which will further boost the company's overseas business.
Visa is getting capabilities and infrastructure ready to participate in China's mobile payment marketVisa Inc has applied for a bank card clearing license in China as a wholly owned foreign enterprise, said Alfred F. Kelly, Jr. , CEO of the leading global payments technology company.
The Westland Cooperative Dairy Company Ltd has signed an agreement on March 18 to sell the West Coast dairy cooperative to Hong Kong Jingang Trade Holding Co Ltd, a wholly owned subsidiary of Inner Mongolia Yili Industrial Group for $3.41 per share, representing an enterprise valuation of NZ$588 million ($403 million).
The new plant is wholly foreign-owned with an investment of $75 million in the first phase, with two more projects to be constructed in the future.
In 1992, his company became the first foreign company to receive a wholly owned life insurance license in China, helping to open up the country's financial services industry.
Over the past decade, MBEC, a wholly owned subsidiary of the State-owned China Railway Group Ltd, has built more than 30 bridges in more than 10 foreign countries and regions, including Tanzania, Zambia and Morocco.
WorldFirst CEO Jonathan Quin said in a letter to clients that the company "will continue to operate as a UK-headquartered and regulated business with global operations", while becoming a wholly owned division of Ant Financial.
Over the past 26 years, the company has been rapidly expanding across the country through acquisitions, joint ventures and wholly owned subsidiaries.
Next yearxa0marks the 100thanniversary of the Starr Companies, one of the first foreign insurance companies to enter the Chinese market and the first to receivexa0a wholly owned life insurance license in China.
Tianhong Innovation Asset Management is a wholly owned subsidiary of Tianhong Asset Management Co Ltd, which runs Yu'e Bao, one of China's most popular internet-based funds.
In 2015, Walmart started to wholly own online grocery store Yhd in China.