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"China has been the largest automotive production and trade market for 10 consecutive years. That success couldn't be possible without breakthroughs from domestic auto component makers, among which Shengrui is one," Xin Ning, deputy head of China Automotive News said at a summit organized by Shengrui in January to discuss the latest industry trends.

"By increasing inputs in IT applications and exploring the value of data, we will gain insights, thereby propelling the development of precision medicine and population health."

"Certain areas in the European Union, in the United Kingdom and in the US, they have not been benefited and they feel they don't fit in globalization," he said.

"China has the potential to be our second-largest and even the largest market, given the sheer size of the personal care market, "Arya told China Daily in a recent interview. The company's China business is currently worth 1 billion yuan (5 million) and ranks third after India and Malaysia.

"China has carried out major reforms on adjusting economic imbalances, such as taking corporate deleveraging as a primary task, which will ensure a more healthy and sustainable economic development from a mid - and long-term perspective. The country also ramped up efforts to open up further and shortened its negative list for foreign investors," said Wu Yibing, head of China affairs at Temasek.