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Sinopec's domestic Epec has enabled deals worth 358 billion yuan (.3 billion) by March 2019, since its launch in 2015. Some 59,000 enterprises have registered on Epec, and most of the purchases do not involve the Sinopec group, it said.

Skyworth has been producing OLED TVs in partnership with South Korea's largest panel maker, LG Display, since 2013.

So, a number of brokerages made plans for an IPO at the end of 2014. But some delayed their listing over the last two years due to abnormal volatility in the stock market in 2015.

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Sitanggang said that the GAPKI has consulted lawyers and he is confident that Indonesia has a strong case as the EU's plan against palm oil is "really discriminatory" and will penalize the millions of small farmers who depend on palm cultivation.

Sinopec Engineering (Group) Co Ltd, the Sinopec-owned oil-refining and chemical company specializing in EPC contracting business, said working with multinational companies will benefit Chinese firms as they venture into overseas markets.

Small and micro-sized enterprises, with monthly sales of 20,000 to 30,000 yuan (,050-,575), will be exempted from value-added tax from the beginning of next year until the end of 2020, the announcement said.

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Six years ago, Kingfa chose India as the first destination of its overseas expansion. Renminbi settlement allowed it to acquire a stagnant local company without worrying about exchange rate risks.

So-called threats and security risks are false accusations about Chinese firms and products, Gao said. "The accusations of China's technological threat to the world are speculations out of thin air and groundless."

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So far no tsunami warning has been issued.

Six companies will be listed on the Shanghai bourse, one on the Shenzhen small- and medium- enterprise board and three on the ChiNext, China's NASDAQ-style board.