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China is 3M's largest market outside the US, representing over 10 percent of its revenue. A majority of the products sold in China, from respiratory masks to a vehicle air purifier systems, are even tailored for the local market.
China is several months ahead of other countries in dealing with the virus, so its model of economic resuscitation after the peak of the virus will also serve as a model as other countries come out of their quarantines.
China is expected to have 576 million 5G users by 2025, or over 40 percent of global consumption, according to a report released by global consultancy EY earlier this month.
China is expected to release and implement two updated foreign investment negative lists by June 30, a concrete move to further liberalize market access for foreign investors, the Ministry of Commerce said on Thursday.
China has worked hard to analyze and pattern its developing industry after Hollywood's globally successful 100-year-old system. Building a multi-billion dollar industry from scratch is no easy task when it is subject to an ultrasteep learning curve, vagaries of the global market, cultural disconnects, creative challenges, et cetera.
来源：资阳报