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China's market for FMCG rebounded in 2017, as a growing middle-income group of consumers showed signs of advancing their efforts to live healthier and more enjoyable lives, it found. The result is a 4.3 percent year-on-year increase in total market value in 2017－up from 3.6 percent growth in 2016. It is the first time that sales grew faster than the previous year since the report started tracking China shopping behavior in 2012.

China's genomics sequencing company BGI has received international recognition and vast orders of its detection kits for the novel coronavirus, injecting strength into the global fight against the epidemic.

China's digital healthcare industry has embraced new opportunities as the nation has seen the largest application of digital healthcare methods and technologies, with the market space forecast to be worth several trillion yuan in the years ahead, a report said.

China's oil demand is expected to increase 4.6 percent year-on-year to 615 million tons in 2018. The country's oil consumption increased 5.9 percent annually to 590 million tons last year, the highest figure since 2011, said the report.

China's favorable policies in accelerating drug access and encouraging innovation over the past few years have promoted the research and development of new medicines, helping build a healthy drug ecology in the country, a senior executive of Gilead Sciences Inc said.