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Despite cash flow constraints, the company spent 3.6 billion yuan on research and development in 2016, 9.5 percent more than in 2015, working on new energy vehicles, lowering emissions, and producing greener and more reliable engines.

Deleveraging was further emphasized this year as an important aspect of winning the "tough battle" of forestalling and defusing financial risks.

Delivery of the report to the House Judiciary Committee will kick off a busy month in the lower chamber, with Democrats on track to potentially vote on impeaching Trump by Christmas.

Defying the current economic downtrend to register robust growth, Kingtronics and many other private firms point to the microeconomic tenacity of China as it struggles with an economic growth slowdown and uncertainties posed by trade friction with the United States.

Despite the challenges, both Lucci and Bukowski value the business opportunities in China, saying that by closely working with Chinese physicians, the US-China collaboration on telemedicine can be beneficial for both.