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China's manufacturing growth slowed in April as the government tightened supervision of financial risks, but still maintains momentum, according to analysts.

China's healthcare giant Shanghai Fosun Pharmaceutical (Group) Co Ltd announced Monday it will purchase an approximate 74 percent stake in Indian drug maker Gland Pharma for more than billion.

China's further opening-up is embodied by the lowered threshold for market access, which should be boosted with trade facilitation, Bai said. Reducing import tariffs is a vital means to improve trade liberalization and can help China buy high-quality products in the global context while promoting the industrial upgrade of its own economy, he said.

China's life insurance premiums dipped 4.75 percent year on year in the first 11 months of 2018 to 1.97 trillion yuan (about 8.8 billion), official data showed.

China's green food industry is growing fast, and gradually expanding its market share, said Wang Yunhao, director of China Green Food Development Center (CGFDC) which oversees the country's organic food standards.