Since 2016, China has offered free antiviral therapy to all citizens living with HIV/AIDS. Previously, antiviral therapy was offered only to those who had developed low immunity levels, which can lead to life-threatening infections like pneumonia.
Since China's tone-setting economic conference last December pledged preventing financial risks as a priority, regulators from the banking, securities and insurance sectors have made solid efforts to clean up the market.
Shenzhen, which came in third place, saw its R&D spending total 132.83 billion yuan last year. As enterprises become the main body of innovation, Shenzhen's local leading enterprises play a driving role. Take Huawei as an example -- the company's R&D expenditures reached 131.7 billion yuan in 2019.
Since 2009, people have been allowed to have three days off for the holiday. While many choose to have a short holiday at this time, some people still return home to observe the traditional festival with their families.
Since 2012, the total assets managed by China's top 10 private banking institutions grew at a compound annual rate of 30.6 percent, while for Asia's (excluding China onshore) top 20 private banks, the figure was just 6.75 percent.
Since 2019, China has promulgated a series of laws, regulations and IP protection guidelines, including the Foreign Investment Law, to create a fairer, more transparent and predictable business environment for foreign investors.
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Shi Tao speaks in Seattle. Photo credit: James Fu
Since 2009, Olympus has established medical training centers officially called C-TEC in Beijing, Shanghai and Guangzhou to train medical doctors to run medical equipment and improve their operating skills.
Since 2016, around 50 SOEs involved in three rounds of pilot mixed-ownership reform projects have implemented reform programs as scheduled, in industries such as energy, railways, telecommunications and civil aviation.
Shi Jinman, an automobile analyst at Guotai Jun'an Securities, said: "The establishment of the independent brand benefits the company as the move makes it easier to reach more clients overseas. In addition, the overseas subsidiaries can work more efficiently on making decisions such as building local plants, and take advantage of BYD's digital channels to boost global expansion."