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Chinese customs officials seized 670 kilograms of ivory products by cracking 37 smuggling cases last year, China Central Television reported.

Chinese Vice Premier Zhang Gaoli was present at the meeting.

Chinese economic stimulus during the novel coronavirus pandemic has been targeted at continuing economic upgrading planned long before the outbreak. For example, much of the stimulus has been focused on helping small and medium-sized enterprises get financing or pay their workers. Taxes and fees have already been cut. Other parts of the stimulus have been combined with market-oriented reforms already in progress. All these measures are intended to raise productivity in the real economy.

Chinese e-commerce giant Alibaba also sees India as a promising market. Alibaba and its affiliate Ant Financial hold a minority stake in its India peer Paytm after two rounds of investment in 2015.

Chinese patent medicines are type of traditional Chinese medicine that are usually produced in the form of pills, capsules or liquids. A first-tier blood lipid management drug in China, Xuezhikang has also been launched in overseas markets, such as Singapore and Malaysia.