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"China experienced very rapid productivity growth, at least until recently, as pragmatic, progrowth policies helped deploy its abundant capital and labor more productively, and this included rebalancing of State and market forces in resource allocation," he said.

"China is a key focus of Bayer's partnering efforts and we are continuously looking for assets and health technologies to help address the significant unmet medical needs of patients," said Marianne De Backer, PhD, a member of the executive committee and head of Strategy and Business Development & Licensing, Pharmaceuticals Division of Bayer AG.

"But the fallout was relatively short-lived. The cruise travel market gradually recovered in 2016, while there was a very positive public response in 2017."

"China is the e-mobility powerhouse of the world. And we strive to be at the forefront of shaping this movement," said Volkswagen Group China CEO Stephan Woellenstein.

"China is the single largest alcohol beverage market in the world and the beer category is rapidly premiumizing. We would likely to fully tap the growth potential of Guinness as a premium product," said Chun Ho Chu, Diageo's managing director of China operation.