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Men recover plastic barrels from a business affected by a flooding caused by rains from Storm Eta, in Toyos, Honduras, Nov 4, 2020. [Photo/Agencies]

Medical supplies, including 2 million masks, donated by United States, will be shipped to China late on Thursday, Jacob Parker, senior vice-president of the US-China Business Council said at a news conference on Thursday. [Photo by Zhao Huanxin / China Daily]

Melinda Richter, global head of Johnson & Johnson Innovation, said the incubator would help "identify and nurture best in class science to transform how diseases are treated, cured, prevented and intercepted."

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Medical staff at Wuhan Children's Hospital feed and play with patients

Meng said the country will also encourage eligible firms to issue bonds for the establishment or capital boost of venture capital funds to support start-ups.

Mercedes-Benz showcases its first pure electric vehicle the EQC in Shanghai on Tuesday. [Photo provided to China Daily]

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Meanwhile, the retail giant said it will launch more own-label products, including snacks and tissues, at its hypermarkets in China. Walmart said the proportion of the products in its own brands will increase from 5 percent to about 10 to 15 percent, and they will carry price tags that are about 30 percent cheaper than the peers.

Medical robots with cutting-edge technology shined at China International Fair for Trade in Services, including robots specialized in imagology, surgery, acupuncture, rehabilitation and health care, which boosted the development of "smart medical system" to a great extent.

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Mehmet Altinok, CEO of the air purifier company, talks about growth strategy and plans for the China market

Meanwhile, the maximum loan amount for small and micro enterprises will be increased from 2 million yuan to 3 million yuan.