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British pharmaceutical company GSK announced on Wednesday it will form a strategic partnership with Guangzhou Institute of Respiratory Diseases (GIRD).
Britain and China also agreed to speed up the final preparations for the London-Shanghai Stock Connect program. The long-awaited scheme will mean investors in each country will be able to trade shares listed on each other's stock exchange. The scheme has been delayed by the United Kingdom's decision to leave the European Union.

Break the moldThe breakthrough would not have been possible without a new set of car selling regulations becoming effective on July 1. For more than a decade, most Chinese car buyers have turned to authorized 4S stores, a full-service approach that brings together sales, services, spare parts and surveys. The preceding measures first implemented in 2005 required that all car dealers secure authorization from brand owners, and helped maintain the market, contributing to the growth of the Chinese auto market into the world's number one, the Ministry of Commerce (MOC) said. China had remained the world's largest automobile manufacturer and market for eight consecutive years by 2016, when output and sales of passenger cars both exceeded 24 million units. However, domination of the 4S-shop model gave rise to monopolistic practices, dragging competition and making automobile parts expensive. New rules for car sales allow both authorized and unauthorized dealers to sell cars in China, making it possible for different methods of car sales, including markets like Suning's. The measures will allow car dealers and different auto brands to share sales and after-sales services, an approach that will save resources, improve efficiency and improve services, the ministry said.
Business model modernization is key to improving sector's health, says McKinsey
Brazilian President Jair Bolsonaro attends a ceremony of consecration of Saint Mary of the Immaculate Conception at the Planalto Palace in Brasilia, Brazil, May 21, 2019. [Photo/Agencies]
来源:资阳报