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China has been the biggest and most important market for Fonterra, and accounted for nearly 25 percent of the volume in the overall business. The company said its Anchor brand accounted for half of the mozzarella cheese used in pizzas in China, and it served half of the mainstream bakeries and tea houses.
China became the world's second-largest insurance market in 2017, but the insurance depth and density in China represents only 66 percents and 52 percents of the world's average, thus leaving a wide space for development, said Yin, adding that the sector also faces great challenges such as customers' upgraded requirements, the need for innovation promoted by 5G and the downturn in financial markets.
China has become one of Siemens' largest R&D locations worldwide. In its fiscal year 2016 ended on September 30, 2016, Siemens had over 4,500 R&D researchers and engineers, 20 R&D hubs and more than 11,000 active patents and patent applications in China.
China appreciates the special and significant role the British Royal Family has played in enhancing the two countries' wide-ranging cooperation and people-to-people exchanges, Liu said.
China has officially rolled out commercial 5G licenses to the nation's three major telecom carriers — China Mobile, China Telecom and China Unicom — as well as the state-owned China Broadcasting Network Corp earlier this month.
来源：资阳报