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As Japan-based electronics firm Omron shut down its Suzhou plant in July, the company, on the other hand, expanded its investment of 1 billion yen (.84 million) in Shanghai. The newspaper said Omron showed its confidence in China as the move was taken to improve its investment structure in Chinese market amid local competition and increasing labor cost.

As China aims to advance its Healthy China 2030 initiative and explores how to approach the transition from a model focused on disease treatment to one more aligned with a vision for holistic healthcare, the biopharmaceutical industry can play an important and supportive role, he said, adding scientific innovation brings about better prediction of disease risks, and the biopharmaceutical industry is driving toward preventing diseases with innovative new medicines.

Arizona, Florida and Texas have reversed decisions to allow some businesses to reopen while other states, including California and New York, remain cautious and have delayed the reopening for some businesses.

Areas except for Wuhan, the provincial capital, have been reopening railway, waterway and long-distance bus services as well as highways in an orderly manner, said Wang Benju, deputy director of the province's transport department.

Arkebe Oqubay, special adviser to the Prime Minister of Ethiopia, Hailemaraim Desalegn, said he believes the Belt and Road Initiative will bring further tangible benefits to the East African nation through enhanced trade and investment.