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China's banking and insurance regulator on Friday issued a revised regulation on foreign insurers, which allows foreign life insurers to own a controlling stake in their joint ventures, paving the way for the removal of ownership restrictions next year.

China will further open capital accounts, especially for items that are still unavailable for free currency exchanges. Foreign exchange trading will be more convenient for foreign investors, said Pan, who is also the director of the State Administration of Foreign Exchange.

China's blood pressure monitor market has great growth prospects due to increasing health management demand in small cities and counties, and Omron Healthcare China Co Ltd will continue its localized strategies to further tap the potentials of Chinese market, according to its senior executives.

China will remain a competitive supply chain choice for Saint-Gobain, as it has a broad spectrum of strong upstream suppliers and downstream clients, he said, adding the company is looking forward to greater investment and development in research and development, production and sales, and has great expectations for the recovery of China's economy as well as the continuous improvement of China's investment and business environment.

China will fully evaluate the "difficulties, risks, and uncertainties" brought by the contagion, and further stabilize its foreign trade, Gao said at a news conference.