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Du Yan, executive director of the Asia-Pacific Future Financial Research Institute, said that the regulators' crackdown is "reasonable and just in time" to cool down the irrational investment and prevent potential financial risks.

Doris Fischer, professor of China business and economics at the University of Wuerzburg in Germany, said: "The rules applied in China may be justified from a Chinese perspective, but they would be less so in Europe."

During a plenary session of the CCDI in January, Zhao Leji, the top anti-graft official, stressed cracking down on corruption related to organized crime and on corrupt officials shielding criminal gangs.

Dr Maria C. Carrillo, chief science officer at the Alzheimer's Association, told China Daily in a statement: "On behalf of the tens of millions worldwide living with Alzheimer's disease, the Alzheimer's Association acknowledges and welcomes the announcement that China's National Medical Products Administration conditionally approved the seaweed-based drug Oligomannate for mild to moderate Alzheimer's dementia.''

Dong Feng, director of a workshop in the refining department, says frequent checks were required for monitoring the environment in the past, but the current real-time monitoring can be realized by a smartphone, greatly reducing the front-line work intensity and improving management efficiency.