The country has launched a full-scale campaign to safeguard clean air, water and soil in recent years, with laws put in place, inspectors mobilized and officials punished for pollution. The push has created plenty of business opportunities.
The consultancy found that Chinese companies recorded 34.4 percent jump in R&D expenditure to reach .1 billion in 2018, eclipsing the global average of 11.4 percent.
The country has also stepped up crackdown on transaction fraud and illegal money changing through "underground banks" while increasing the verification on the authenticity of cross-border payments, Pan said.
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The country will upgrade a number of pedestrian streets, optimize the layout of convenience stores, and encourage brand development and franchising.
The contagion has put a crimp in economic activity, thereby affecting livelihoods in many countries. So, Chinese central SOEs' initiative will help link people and BRI economies through cross-border solutions.
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The country will step up supervision for all categories of anti-epidemic supplies and raw materials, including masks, protective suits, ventilators, infrared thermometers and testing kits, said the conference.
The consulate general said it will continue to keep contact with the Japanese side to coordinate for the follow-up issues.
The country has taken a number of measures to stabilize domestic trade and solve the issues faced by foreign-funded enterprises, said Gao Feng, the ministry's spokesman.
The country has its Healthy China 2030 strategy and Shanghai has its goal of becoming a medical center in Asia. How do you think such initiatives will influence the development of pharmaceutical companies in the country?