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"China is on the way to becoming a leading high-tech nation…and a world market leader in innovation. Merck intends to take an active role in shaping this transformation," Gabor said.

"China has been consistent and clear about this all along," he added.

"But the country has a weak voice in industrial software, which requires long-term effort for fundamental and comprehensive research as well as hefty capital investment. We should have the determination to develop such software over years or decades," Chen said.

"China is one of Novo Nordisk's most important markets, and we will continue to develop in China to serve more Chinese people with diabetes, and through China Essentials 2.0, help bring Chinese innovation to the world."

"China is the only economic power in the world expected to realize growth in the world in 2020," the newspaper said, citing the latest World Economic Outlook update by the International Monetary Fund, adding that the public opinion in the international community widely backed such inspiring confidence.