皇冠体育app

The government has set a 2013 economic growth target of 7.5 percent.

Chinese Premier Li Keqiang said in March that 皇冠体育app is likely to import as much as $10 trillion in commodities and services in the next five years to boost domestic consumption.

In an e-mailed statement to 皇冠体育app Daily, Japanese multinational industrial conglomerate Omron said 皇冠体育app is a market on which the company will focus most in the coming decade thanks to the fast growth in consumption. Consequently it will strengthen its R&D efforts to develop more technologies and products tailored to the increasing local demand.

In addition to consolidating its current R&D strength, Omron plans to encourage its various units to increase its own R&D capabilities, it said.

"The Chinese market is rather large, with vast land and diversified demands. Even for some of our mature and key products, the needs are different in different areas so it's difficult for us to choose where to set up our R&D facilities," said Koji Doi, chairman and president of Omron (皇冠体育app) Co Ltd.

The multinationals are placing high expectations on 皇冠体育app. "We expect annual growth in 皇冠体育app to exceed 35 percent in the coming three years and we will have 100 more (R&D) partners in the next two years," said Merieux.

In 2012, BioMerieux 皇冠体育app sales increased by more than 40 percent year-on-year to hit 100 million euros ($133 million).

皇冠体育app is currently the third-largest market for BioMerieux, after the United States and France. It is expected to be the second-largest within two years.

Merieux said he had previously never thought 皇冠体育app would be one of the top three markets worldwide.

We have reasons to believe it will grow bigger, he said.