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China's top news aggregator service Jinri Toutiao has purchased Musical.ly, the Shanghai-based video-sharing platform popular with young people, for about billion to expand its global reach and take a bigger slice of what could become a multi-billion dollar industry.
Chinese President Xi Jinping makes remarks at a gathering celebrating the 20th anniversary of Hong Kong's return to the motherland and the inaugural ceremony of the fifth-term government of the Hong Kong Special Administrative Region, in Hong Kong, July 1, 2017.[Photo/Xinhua]
China's president makes rounds in Europe, reinforcing friendships and witnessing economic deals
China's pharmaceutical demand has been booming in recent years due to the rapidly aging society with burgeoning purchasing power. It has become the world's second-largest market for pharmaceuticals, and the biggest emerging market with growth tipped to reach 5 billion to 5 billion by 2022, according to healthcare information company IQVIA.
China, currently Teradata's second-largest market as well as the fastest-growing one, will receive more investments from the company in the future, it said.
来源：资阳报