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Cao said the move will reduce manpower costs and operational expenses, as well as improve efficiency. JD is now facing tougher competition from rivals such as Alibaba Group Holding Ltd and Pinduoduo Inc.

Carlos introduced Liwayway, the family's snack business in the Philippines, to China in 1993, setting up two joint ventures in Shanghai and creating the brand Shanghaojia, a Chinese equivalent of its already successful Oishi back in the Philippines. Over the span of a decade, the brand grew to become one of the most popular in the market.

Cao Xuejun, deputy director of the consumer products industry department at the Ministry of Industry and Information Technology, said the country has seen a significant surge in supplies of key medical products during recent days. [Photo/China.org]

Chao stopped short of saying the government would require retrofitting all aircraft with new safety features.

Central SOEs from the manufacturing and construction sectors have also relied on China's advantage in having the world's most complete industrial system with the most diversified sectors, to boost the nation's foreign trade, and deliver products and construction projects on time to foreign clients, he said.