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"Competition between countries is intensifying in strategic emerging industries such as semiconductors, telecommunications and supercomputers. Whoever seizes the market opportunity will have the first-mover advantage and gain large-scale profits," said Guo from the CASTD.

"China used to have few self-developed original or innovative drugs, especially in new chemical compounds. But things are changing due to the improved regulatory environment and the stronger play of market mechanisms."

"China's overall financial conditions have remained broadly stable," said the IMF October 2018 Global Financial Stability Report, although deleveraging has also led to tighter financial regulation and less favorable credit conditions for weaker borrowers.

"Construction of transportation projects is key to the economic growth, thus, we will step up the work resumption in good order," he said. "On Tuesday, the ministry released a notice to guide local governments and companies on resuming work."

"China's forex reserve currency structure is diversified, even more diversified than the world's average level," Wang said. "It is in line with requirements of China's economic and trade development, as well as the demand of international payments."