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China's onshore corporate bond market will most likely be the last to benefit from further opening-up measures in the financial system, which aim to boost foreign capital inflows. The measures may include QFII relaxation and license extension to foreign securities firms and asset managers, as well as potential investment banking and asset management license extensions to select banks, said Xing.

China's dedicated work on the recognition and protection of intellectual property are two key approaches to achieve innovation-driven development in the country, said a leading British academic.

China's economic development over the past 70 years has been a story of growth and prosperity, AXA Group CEO Thomas Buberl said at the China Development Forum in Beijing.

China's new science and technology board gears up for trading as tech companies get listing approvals from the country's top securities regulator, the Economic Information Daily reported.

China's dairy industry has made great progress in improving product quality but much remains to be done to regain public confidence lost after a series of scandals a decade ago, according to a senior industry executive.