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Another big move last year was the revision of the individual income tax law and the debut of special individual income tax deductions. All these measures took effect on Jan 1. In the reform of the individual income tax - one of three major contributors to China's treasury, along with value-added taxes and enterprise income taxes - the tax brackets and threshold were raised, effectively giving everyone a tax break, and lifting millions out of paying any income tax altogether.

Another major Finnish food producer HKScan is following soon.

Apart from being a cultural enthusiast, Brahm was also one of the few foreign experts who witnessed China's opening-up from the start.

Anticipating a talent gap, Chan's company has launched training programs for managers of high-end offices in major mainland cities.

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attends a Senate Health, Education, Labor and Pensions Committee hearing on efforts to get back to work and school during the coronavirus disease (COVID-19) outbreak, in Washington, DC, US June 30, 2020. [Photo/Agencies]