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As a pharmaceutical, chemical and life sciences conglomerate, it is always important for Merck Group to have clear and transparent pharmaceutical structures, and the Foreign Investment Law gives the company more transparency and a much more reliable framework, especially on intellectual property rights, said Merck executive board member Kai Beckmann.

As a leading area of Hainan FTZ, construction of some key industrial projects in Jiangdong has been going on continuously and initial progress has been made in the second-phase project of Haikou Meilan International Airport, the tunnel crossing the Nandu River and the second-phase of the Haixiu Expressway. No NCP infections have been reported so far, said officials with the Haikou city government.

As active participants in regional cooperation, their pledge to promote inclusive development in the region through the "China-Japan-ROK plus X" model will help expand their collaboration in fourth- or even fifth-party markets, bringing benefits to more economies.

As a result, the yuan/dollar exchange rate is no longer fixed, but is a floating one. So, it is worth reiterating here: Like in the stock market, where volatility is the norm, the yuan volatility is the norm in the foreign exchange market. There is no need to make a fuss about the yuan breaching 7.0.

As a country that has benefited hugely from opening up, international trade and investments in the past 40 years, China is now a major champion of globalization. The value of China's foreign trade in 2017 rose 14.2 percent year-on-year to .34 trillion and will only continue to grow.