There were thousands of such small or medium-sized firms that focused on generics, active pharmaceutical ingredients and traditional Chinese medicine. However, regulatory reform starting in 2015 proved to be a game-changer.
These efforts will speed up sales of brand-name products in less developed regions while pushing out knock-offs, said Pinduoduo co-founder Da Da.
There is relatively large room for the growth of overseas investors in China's capital markets as their proportion is still low, said Pan Gongsheng, deputy governor of the People's Bank of China, at the Lujiazui Forum in Shanghai.
There were 117 hotels and guesthouses operating at the end of March 2019, an increase of two year-on-year. Number of available guest rooms grew by 2.2 percent year-on-year to 39,000, with 5-star hotel rooms rising by 3.1 percent to 24,000 (62.9 percent of total).
There was already Art HK, but Art Basel recognized that the art market in Asia was becoming increasingly important and could possibly overtake the art market in America. For Art Basel, it made sense to take over Art HK and establish themselves here with a solid foundation.
There is no revision on stock issuance in the draft amendment, as reform measures to introduce a registration-based IPO system have yet to be released.
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There's only so much heat combined with humidity that people can endure unprotected, and because the region, being the "breadbasket" of China, is so heavily irrigated, thus promoting more evaporation, heat waves could turn deadly.
These internet giants should also provide differentiated goods and strengthen the professional training for community leaders, whose loyalty and operational capacity might be low, Zhao said.
These measures are part of Shanghai's ambitious goal of becoming a global hub for science and technology by 2030.
There were also moments that both saddened and enlightened her. "There was one pregnant patient who needed a cesarean section as fast as possible due to hypertension. When we looked for her husband to obtain consent for the surgery, she told us her husband was in the trauma wing after stepping on a mine in their farming fields," An said.