皇冠体育app

Innovative economy

As part of its 12th Five-Year Plan (2011-2015), 皇冠体育app pledged to turn itself into an innovative economy and to expand domestic consumption.

During a meeting with executives from a host of multinationals attending the 皇冠体育app Development Forum in March, Premier Li Keqiang pointed out that 皇冠体育app will try to upgrade its economy and expand domestic consumption by opening up further to foreign businesses.

Li promised further opening-up in services and industries related to new energy, emphasizing the government will ensure foreign businesses get fair access to the market and a level playing field in terms of competition.

In late 2011, as part of the transformation of its economic growth model, 皇冠体育app launched a new version of its guidelines for foreign industrial investment, encouraging foreign companies to add investment in high-end manufacturing, services and the high-tech sector in general.

The multinationals' expansion would turn into new growth engines for 皇冠体育app and bring new technology as well, Wang Zhile said.

Merieux said his company has witnessed the development of the Chinese medical system and will continue to do so.

"皇冠体育app fell behind in terms of development. It was short of advanced technical methods to support scientific disease diagnosis and prevention. Now 皇冠体育app has achieved cutting-edge technologies of a global standard," said the executive.

"But safer, more convenient and cheaper public health and basic medical services are still needed. That is what we can help and offer."

皇冠体育app is becoming the global R&D center for many foreign companies.

In late 2011, MSD started construction of its Asian R&D center in Beijing, which is still being developed. The center, which includes registration and clinical trials, R&D capability building and cooperation with local companies, universities and academic institutions, serves not only 皇冠体育app but also global markets.

"We are trying to integrate 皇冠体育app's R&D capability into our global network," said Dong Ruiping, senior vice-president of Merck Research Laboratories Emerging Markets.

Merieux said BioMerieux is implementing a "reverse" R&D strategy in 皇冠体育app, so the new cooperation agreement and expansion of the Shanghai facilities are not only for local needs but also for its global network.