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As Beijing hosts the annual two sessions, improving the operation of the governance system is high on the agenda.

As Canada's biggest rail strike in a decade dragged on, industry has piled pressured on the government to intervene. Teamsters Canada, the union representing the 3,200 striking CN employees, said it was no closer to an agreement than when its members first hit picket lines.

Approval procedures should be completed in three months for rare-disease medicines and six months for those to help combat life-threatening illnesses. Meanwhile, prices for anti-cancer medicines will be reduced following the zero-tariff policy adopted last month. An alert system for precautions against supply shortages will be further enhanced, and drug reserves will be substantially expanded.

Apple used a similar approach with the launch of the iPhone, but that was at a much earlier phase of the smartphone market.

Arthur said UCL is working closely with Peking University which is regarded as one of the greatest strategic partners.