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China is strategic and important, and it's a key priority for Takeda for various reasons. One is that now there is a clear policy that we've witnessed in which China aims to provide innovative medicines to patients, and our focus is innovative medicines, and therefore there is good convergence.

China is strongly supporting foreign companies' efforts to develop in its market, said Rachel Duan, president and CEO of GE Global Growth Markets.

China is one of the most biologically diverse countries in the world, with areas of the country representing all types of land ecosystems. It is also home to 35,000 higher plant species, 8,000 vertebrate species and 28,000 kinds of marine organisms. It also has more cultivated plant and domesticated animal species than any other country.

China has remained New Zealand's top trading partner since the December 2017 year, followed by Australia. China, Australia, and the European Union (EU) account for nearly half of New Zealand's total trade with the rest of the world, it said.

China has seen booming industrial application of IoT, said the report. Large-scale IoT testing has gradually been conducted in fields such as transportation, logistics, environmental protection, healthcare, security and electricity. Smart cities, the industrial IoT, internet of vehicles and the smart home have emerged as the major four market segments.