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Currently, the company's product portfolio includes facial injections and body reshapers. In the future, it will introduce a skin care line, to further meet the demands of Chinese consumers. According to the company, it will launch at least one to two products in the Chinese market every year. The acceleration of drug approvals and favorable policies launched in the Boao Lecheng International Medical Tourism Pilot Zone in Hainan will spur more pharmaceutical product launches, said experts.

Cushman & Wakefield said the slump was largely the result of stricter capital controls and regulations from the mainland. The Chinese government implemented the controls to better "regulate and manage outbound investment flows," David Bitner, Cushman & Wakefield's head of capital market research, said in an interview Thursday.

Currently more than 252,000 COVID-19 cases have been reported across more than 1,700 US colleges and universities, according to The New York Times. More than 50 campuses have marked 1,000 COVID-19 infections while 400 colleges have reported at least 100 cases.

Currently, there are more than 360 million car drivers in China, according to the Ministry of Public Security.

Cui said he believed the root and foundation of country-to-country relations is in the people and that during his visit he would listen to Kentucky business people's concerns and help them expand their business in China.