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"Nestle has never stopped growing in China, even in the last few years of slow growth," said Bulcke during a press conference held at the company's headquarters in Vevey.

The court ruled that Yang Liqun had given the directive to Husi's Shanghai and Hebei plants to use recycled and expired products.

BEIJING, March 10 (Xinhua) -- Chinese political advisors put their heads together on Thursday to offer prescriptions for the country's slowing economy, appealing for deepened reform and stricter financial oversight.

Last year, China faced a complex international economic environment, mounting downward pressure on its economy, and a marked increase in the number of risks and challenges; despite this, we ensured that the overall implementation of the 2015 Plan for National Economic and Social Development was successful. This was as a result of the efforts of all regions and departments which, under the correct leadership of the Central Committee of the Communist Party of China (CPC) and the State Council, followed the general principle of making progress while keeping performance stable, worked to adapt to the new normal in economic development, earnestly implemented the 2015 plan approved at the Third Session of the Twelfth NPC, acted in line with the review of the plan by the NPC' s Financial and Economic Affairs Committee, and worked steadfastly to achieve good results in all respects. Overall, we managed to sustain steady economic development while also ensuring progress and improvement. Major targets and tasks set forth for 2015 were accomplished, marking a successful conclusion to the 12th Five-Year Plan, and helping China's development move to the next level.

The findings showed that over half of the inspected entities, including the People's Bank of China, the central bank, Industrial and Commercial Bank of China, Ministry of Education as well as China Banking Regulatory Commission, have been involved in violating the CPC's frugality code.