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In terms of health products, the campaign has focused on problems such as false advertising and foul sales, handling 4,977 such problems in the industry.

In response to the trade protectionism of the United States, Chinese government has also taken a series of measures to expand domestic demand. The retail sales of consumer goods grew 9.2 percent to reach 30.98 trillion yuan in the first 10 months of this year.

In response, EAC will comprehensively review its organizing work and submit a report to the Chief Executive within three months, said Fung.

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In recent years, a growing number of Chinese companies have ramped up their efforts to go global under the framework of third-party market cooperation, actively embracing the business opportunities offered by the Belt and Road Initiative.

In terms of fintech, Alipay is one of the best examples, as it outnumbered Visa and Master-Card in 2016 in total online transaction volumes, according to UBS. Alipay is the mobile and online payment service of e-commerce giant Alibaba Group Holding Ltd.

In reality though, space cooperation between China and NASA has been hampered by an exclusionary law passed by the US Congress in 2011. Now the White House is rubbing salt into the wound by proposing tariffs on billion of high-tech imports from China covering the aerospace, information and communication technology, robotics, machinery and other sectors.

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In terms of the streaming market share, Netflix still maintains a clear lead. That may be changing though. YouTube and Amazon video are catching up to the streaming king and Amazon is expected to invest a staggering .5 billion in video content this year.

In recent years, China's demand in the pharmaceutical market has boomed. According to data issued by industry research website chinabaogao.com, in 2018, the terminal market volume of China's pharmaceutical market reached 1.7 trillion yuan (2.9 billion), 6.3 percent higher than the same period in 2017.

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In the "9.19" statement, all parties reaffirmed their goal of denuclearizing the peninsula peacefully. The DPRK promised to abandon its nuclear weapons and programs and the United States confirmed it had no intent of attacking or invading the DPRK.

In terms of human resources, the US had 4,232 researchers per 1 million inhabitants in 2014, while China had only 1,113, according to the UNESCO statistics.