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Biogen also said it will file the paperwork in early 2020 and has its sights on Europe, too. Approval processes could take a year or two. If successful, the company aims to initially offer the drug to patients previously enrolled in clinical studies.

Big data is an important part of the UK's economy, and a highlight of its latest industrial strategy, which was unveiled last month.

Boston Consulting Group China President Carol Liao said the emerging consumer power of the upper-middle-class and affluent households combined with a younger population that is eager to spend and e-commerce, is boosting the healthy development of China's consumer market.

Bill Gates, who previously held the top spot for a record time, saw his wealth rise to .5 billion from billion last year, putting him in second place. He was followed by Warren Buffett, whose net worth fell by .5 billion to .5 billion.

Both fixed-asset investment and industrial output softened in November from October, while retail sales growth picked up due to the Singles' Day (Nov 11) online shopping promotion, according to the National Bureau of Statistics.