In a recent report, global consultancy McKinsey also concluded China's pharmaceutical industry is undertaking a critical transformation toward high-quality and innovation-focused development, as reflected by the explosion of new drug and clinical trial approvals in recent years. An increasing number of approvals are for drugs or therapies from Chinese companies.
In a March 10 State Council Executive Meeting, Premier Li Keqiang stressed the need for coordinating the opening up of big businesses and small businesses, and said that the nation is on a path of integrated development among large, medium and small enterprises.
In a travel notice on Wednesday, Singapore's Ministry of Foreign Affairs said: "Singaporeans should defer nonessential travel to the affected areas of the island at this juncture. You should also be ready to evacuate at short notice."
In a disclosure statement filed Tuesday with the Securities and Exchange Commission, fast food giant McDonald's said the "negative financial impact" to sales cannot be reasonably estimated. It noted that "substantially all" locations in the US have closed eat-in dining areas but continue to offer offer drive-thru window service, takeout or home delivery.
In a statement, Naspers said Tencent understood and supported its intention to divest.
In a statement on Monday, PBOC Governor Yi Gang said: "As a responsible big country, China will abide by the spirit of the G20 Leaders Summit on the exchange-rate issue, adhere to the market-determined exchange-rate system, not engage in competitive devaluation, not use the exchange rate for competitive purposes and not use the exchange rate as a tool to deal with external disturbances such as trade disputes."
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In a campaign against the trafficking of hearing-impaired people, police in 13 provincial regions arrested 464 suspects and saved 98 victims between November 2015 and October 2016, the MPS said.
In a statement issued by Huawei Canada on Monday, the company said Meng's position is that the extradition proceedings against her constitute an "abuse" of the Canadian judicial process and should therefore be "stayed".
In a promotion meeting held on Tuesday, Shanghai Party Secretary Li Qiang stressed that building the "four brands" of Shanghai – service, manufacturing, consumption and culture – is one of the most important strategic development plans for the city.
In a move to enhance its one-stop platform for vehicle operations and car-owner services, Didi will also merge its Xiaoju Automobile Solutions with Asset Management Center to become a new comprehensive automobile solutions platform.