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China was the world's second-largest national pharmaceutical market in 2017－worth 2.6 billion, after the United States, and also the biggest emerging market for pharmaceuticals with growth tipped to reach 5 billion to 5 billion by 2022, according to healthcare information company IQVIA.

China should focus on helping the food service industry improve management in supply chain, purchasing and food processing, and therefore, allows administrations in multiple levels to conduct inspections, real-time analysis and precautions, according to Li Li from the Chinese Academy of Inspection and Quarantine.

China will allocate 106.1 billion yuan (about .8 billion) in funding for poverty alleviation work in 2018, some 20 billion yuan more than last year, said Liu Yongfu, director of the State Council Leading Group Office of Poverty Alleviation and Development.

China ranks top among 20 world markets in terms of fintech adoption, with 69 percent of surveyed consumer respondents saying they are actively using fintech services, 33 percentage points higher than the global average.

China will continue to safeguard its companies' lawful rights and interests, and the elimination of the waivers will surely cause further instability in the Middle East and the international energy market, he said.