He added that companies should also improve their strategic agility to update their approach as soon as new data come into the market.
He added that Firmenich is the only company in the fragrance and flavor industry to have a major center of research in China. In 2006, Firmenich opened its second-largest research center (after the one in Geneva) in Shanghai.
He also observed that US politicians have formed a "pattern" of meddling in Hong Kong affairs, which may be a sign of deeper intervention with the aim of further stirring things up.
He added that the country would also promote the innovation of agricultural technology to save more resources and energy.
He Yanqing, Party secretary of Shanghai Electric Nuclear Power Group, a leading Chinese nuclear power equipment producer, said huge market demand is the main driving force for the development of nuclear power technologies in China.
He added the new rules reclarified the roles and boundaries of each entrusted loan participant.
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He also said that his country stands ready to deepen its comprehensive strategic and cooperative partnership with China, and to actively participate in the BRI to facilitate interconnectivity.
He anticipated that large enterprises will increase business efficiency by innovating global real estate strategies and working more closely with other co-working space partners this year.
Having been home to China's capital for more than 1,000 years, the province enjoys a rich heritage with more than 50,000 cultural sites and 7 million relics stored at its museums, he added.
He added that shutting down the channels for discussions related to bilateral investment would not be in the interests of the US federal government or local governments, especially those located in the country's Rust Belt.