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"China's reform and opening-up has contributed significantly to global development," Park said, as the Chinese government created huge demand via expansionary fiscal policy during the global financial crisis and thereafter, serving as a driving force for global economic growth via the largest consumer market in the world.
"China's evolving business environment and opening-up has contributed to Danone's steady growth in the country," he said, adding that the company believes that China's ongoing consumption upgrade and booming e-commerce business will benefit not just domestic sales, but also other parts of the world.
"Chinese enterprises are so large that the (cloud companies') ability to move with them and take them outside China is beneficial," he said.
"Chinese automakers have the capacity to challenge the dominance of market leaders on the back of economies of scale and they already have an edge with the electric vehicle technology that fits well into the Indian government's vision to become a key global base for electrification," said the report quoting Amit Kaushik, managing director at the consultancy firm Urban Science.
"Currently, the NMPA is already actively referring to international experience and opinions from the industry, to adjust its supervision mechanism to support the localization of assisted reproductive medium. With the introduction of domestic assisted reproductive media, the market value in the sector will be further released," Xiang said.
来源：资阳报