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China is expected to fill the large talent shortage in its domestic computer chip industry, as the US ban on sales of electronic products to smartphone maker ZTE underscores China's overreliance on imported chips, experts say.

China is deeply concerned about India's statement banning Chinese apps and is checking the facts, Foreign Ministry spokesman Zhao Lijian said on Tuesday.

China is the second-largest market for pharmaceutical products in the world. Annual revenues of the pharmaceutical industry in China exceed 2.5 trillion yuan (8.6 billion), and annual exports of pharmaceutical products exceed 13.5 billion yuan, Wu said.

China has stepped up efforts in recent years to regulate the shadow banking sector, often referring to activities performed by financial firms outside the formal banking sector, and therefore subject to lower levels of regulatory oversight and higher risks.

China is playing a key role in the future of the automotive industry, leading the development of electric vehicles and other related trends, and it is an important country for Gestamp's strategy.