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Chinese cities have launched voucher campaigns with multiple enterprises to encourage residents to dine out and shop, in an effort to boost consumption hit hard by the novel coronavirus outbreak.

Chinese investment in Germany has no longer been heavily concentrated in regular manufacturing and greenfield sectors in the past few years. It has started to be targeted at more high-tech companies for acquisitions, such as leading robotics manufacturer Kuka AG, which received a takeover offer from Chinese consumer products company Midea Group in 2016.

Chinese dairy giant Inner Mongolia Yili Industrial Group Co Ltd said to ensure the supply of dairy products, more than 10,000 employees have been working in the factories across the country since the Spring Festival.

Chinese police solved 83,000 cases of telecom and internet fraud in 2016, up 49.6 percent year on year.

Chinese companies that are industry leaders have an increasing need to allocate resources and assets on a global level, and quick M&A approvals, especially removal of unnecessary administrative procedures, will help safeguard business secrets, and facilitate the implementation of international strategies, Song said.