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The experiences she gained at multinational companies were quite valuable, she said. The complete system, the management style and the developed training programs are things that most of the privately owned enterprises and startups in China should emulate, she said.

The expansion was 0.2 percentage points slower than the previous year. In December alone, retail sales went up 9.4 percent, according to the National Bureau of Statistics.

The expo also coincides with the 40th anniversary of China's reform and opening up, which provides the backdrop for the country's rapid economic development and international business engagement. Earlier this year, President Xi Jinping announced further measures to open the Chinese market to foreign businesses.

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The fake milk powder has been withdrawn from the store, he said.

The female panda is currently lent to the Tokyo zoo and was originally planned to return to China at the end of December.

The exhibition was visited by the seven members of the Standing Committee of the Political Bureau of the CPC Central Committee. A number of senior vice-national level officials also visited the exhibition on Monday.

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The expanded membership requires efforts to strengthen solidarity and coordination among members, said Zhao, a researcher at the academy's Institute of Russian, Eastern European and Central Asian Studies.

The explosion occurred around 8:30 am at a household on the fifth floor of Ladefangsi residential community’s number 14 building, said Local government

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The financing channels for small businesses will be widened. The scope of qualified collateral of the medium-term lending facility will be expanded to cover loans for micro and small companies with a credit quota of up to 10 million yuan (.44 million) per company. Support will be given to more such companies for equity and bond financing.

The financial regulators have encouraged banks to issue more loans to small and micro businesses, aimed to ease downside risks of economic growth. According to data from the CBIRC, by the end of May, the five largest commercial banks in China has increased lending to small and micro enterprises by 23.7 percent, compared with the volume at the end of 2018. The average lending rate was 4.79 percent, down by 0.65 percentage point from 2018. Meanwhile, the banks are coordinating with local governments for purchasing bonds.