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China's commissioner for the State Administration of Taxation told a global conference at the United Nations on Wednesday that China is willing to collaborate on developing an international tax protocol and cooperate on tax administration.

China's healthcare sector has been attracting foreign brands, with cooperation deals and joint ventures with local product manufacturers being the common routes taken to enter the market, said industry observers.

China's move from export-driven growth to promoting the integration of the domestic and overseas markets reflects the country's shift to nurturing new edges in global competitiveness and fostering high-quality development despite the headwinds it faces, experts and business executives said on Wednesday.

China's new science and technology board gears up for trading as tech companies get listing approvals from the country's top securities regulator, the Economic Information Daily reported.

China's fiscal spending on medical services in 2017 was 1.4 trillion yuan, a 55.5-percent increase from 2013, accounting for 7.1 percent of national fiscal spending.