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China's pilot drug procurement program, covering 11 major cities, will cause pharmaceutical companies to adjust their strategies but will prove beneficial to the sector in the long run, said industry insiders.

China's stepped-up pace in financial sector opening-up amid the COVID-19 outbreak will not only sharpen the competence of its financial industry but contribute to global economic stability, experts said on Monday.

China's trade with the European Union, the United States and ASEAN members rose 8.7 percent, 7.2 percent and 12.9 percent year-on-year respectively, while trade with economies along the Belt and Road Initiative grew faster than average, with the trade volume in the first 11 months reaching 7.62 trillion yuan, up 14.4 percent year-on-year.

China's surging demand for natural gas and its policy to replace more fossil fuel with cleaner natural gas to reduce pollution are very lucrative for global energy giants, she said.

Chinese Go player Ke Jie prepares to make a move during the second match against Google’s artificial intelligence program AlphaGo in Wuzhen, East China’s Zhejiang province, on May 25 last year. Ke, the best human player of the game, was so overwhelmed in his defeat by the machine that he said it played “like God”. AFP