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China's medicine reforms in recent years are driving Chinese companies to focus more on new drug R&D and innovation to optimize product portfolios toward medium-to-high end returns, instead of simply profiting from the production and sales of low-quality generics, he said.

China's economic performance provides a fillip to others, experts say

China's consumer price index rose to 5.4 percent in January, the fastest growth pace in more than eight years, as most production and transport had been halted to curb the spread of virus.

China's modest 2020 military budget growth is "reasonable and necessary" to address security issues both at home and abroad, while striking a balance with the nation's economic development, senior colonel Wu Qian, spokesman of the Ministry of National Defense, said on Tuesday.

China's national image in the international community has continued to improve in recent years, according to a report released in Beijing on Tuesday.