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With an initial investment of 13 million yuan, ZXBio has developed more than 50 flow cytometry antibody diagnostic products, which unique surface substances－antigens－to assist physicians more precisely diagnose patients with complicated diseases, such as autoimmune disease, cancer, and coronavirus infection. It also registered 92 trademarks and 23 technological patents in China.

With a designed capacity of 300,000 spherical fuel elements per year, the production line will provide fuel for the demonstration high-temperature gas-cooled reactor plant being built at Shidaowan, near Rongcheng city in Shandong province.

Winters said foreign banks can provide expertise in project and export finance, merger & acquisition and leverage finance, syndication, debt capital market, trade finance and cash management in cross-border trade and investment.

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William Li, founder of China's leading electric car startup Nio, has a similar argument. He says vehicles with swappable batteries enable car owners to continuously benefit from progress in battery technology.

Widespread impact

With China on its way to build a group of world-class, benchmark, State-owned enterprises that are leaders in high-quality development, the country's SOEs have been accelerating innovation to further compete with established rivals around the world.

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Wiranto, who uses one name, said heavy equipment cannot operate in such areas because they could potentially sink in the soft mud.

With around 160 kilometers left, the pipeline is designed to transport natural gas from Russia to Germany through the Baltic Sea. Scheduled to start operation in 2020, the 1,230-kilometer-long pipeline could deliver 55 billion cubic meters of gas per year.

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Why the huge price difference?

White paper lists, identifies nation's commitment to global system