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China will be key to realizing Kuka's diversification strategy, which is being led by Reuter, who makes monthly visits to Midea's Foshan headquarters and stays in close contact with its chairman and CEO Paul Fang. It's the world's largest and fastest-growing automation market. Sales of robots in China, which amount to about one-third of the global demand, grew by 27 percent last year, compared to just 12 percent in Europe and 8 percent in the Americas, according to the International Federation of Robotics.

China upholds the vision of a community with a shared future for mankind in its fight against the novel coronavirus pneumonia outbreak and strives to contribute to safeguarding global public health while protecting the safety and health of the Chinese people, President Xi Jinping said on Tuesday.

China will continue to promote entrepreneurship and innovation by creating a favorable environment for startups, offering fiscal support and strengthening international cooperation, a government official said.

China must come up with a national strategy to deal with the changes in industrial, supply and value chains and look to capitalize on the development opportunities arising from the new round of technology revolution and industrial transformation, said a new report submitted to the Standing Committee of the National People's Congress on the preparations for the 14th Five-Year Plan (2021-25).

China remains a crucial source of funding for the Philippines' flagship infrastructure projects, a key component in the Southeast Asian nation's thrust to become an upper-middle-income economy by 2022.