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China is absolutely on top of the worldwide agenda of the company, which started its business in the country in 2012 and has two products for three indications so far, Wan said.

China has taken a series of measures, including financing and fiscal policies, to help firms resume operations. More effort will be made to encourage small and medium-sized firms to restart work, the official said.

China has previously deferred withholding income tax on profits that were distributed to overseas investors by resident enterprises in the country and directly reinvested in encouraged investment projects.

China has shown all possible goodwill and sincerity in trade talks with the US, but a capricious US government is making trouble not only for China and global economies, but for the US as well, he said.

China is embracing a larger role in the global sports world as a Chinese company is poised to acquire the company that owns one of the most iconic brands associated with the US pastime of baseball: the Louisville Slugger baseball bat.