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As a 5,000-year-old civilisation that has famously contributed, among numerous ideas and innovations, the "four great inventions", a phrase coined by British sinologist Joseph Edkins to refer to paper-making, the compass, gunpowder and movable-type printing, China has continued to make major breakthroughs in innovation in modern times. Since the founding of the New China, especially since reform and opening up, China has contributed most notably artemisinin (anti-malaria medicine), synthetic insulin and hybrid rice, and is leading the world in the new round of scientific revolution featuring artificial intelligence, electric vehicles and 5G communication technology.

As a result of the government push, as well as better education, consumers are asking for more high-end, high-quality and healthier products. At the same time, China is getting ready not just to supply products for internal consumption, but also finished products to countries and regions related to the BRI.

As Zhu Shuming, president of Hywin Capital, observed during her road show in China, that the country's hedge fund industry is still in the primary stage and not many investors are familiar with the investment strategies.

As a permanent member of the UN Security Council and the world's largest developing country, China has been supporting the UN's work, Li said. China will participate in UN missions in various fields - such as politics, peacekeeping and development, and economic affairs - in comprehensive and in-depth ways, the premier said. The country will fulfill its international obligations and promote world peace, foster global development and safeguard the international order, he said.

As a result, John will host a weeklong training session early next year for 20 Chinese private-sector nursery groups, mostly from Zhejiang, Jiangsu, Shanghai and Beijing.