Since investing in new drug development does not produce instant or even near-term returns and hence is regarded as risky, domestic pharmaceutical companies tended to produce low-end generics, preferring not to develop innovative or original drugs even when there was high demand.
Since Oct 1, overseas tourists can receive a tax refund through the We TaxFree Pass mini-application in WeChat, the social networking platform of the internet giant Tencent, and receive money immediately in their digital wallets, significantly simplifying the process.
Since the 19th National Congress of the CPC, the CPC Central Committee has launched major reforms of overall importance, and significant new progress has been made in comprehensively deepening reform, said Xi, also Chinese president, chairman of the Central Military Commission, and head of the central committee for deepening overall reform.
Since the beginning of this year, China has passed a landmark foreign investment law and a new regulation to optimize business environment, shortened the negative list for foreign investment and amended the industry catalogue for foreign investors.
Since Friday, the first production lines have been able to provide 700,000 masks per day, said Lin Yanting, deputy general manager of Daddy Baby. "Daily output can reach 3.5 million by the end of March with expanded production lines," Lin added.
Since the establishment of China Reinsurance Catastrophe Research Center in 2017, China Re has been holding the Catastrophe Risk and Insurance Summit for three consecutive years. Mr. Shen Rujun, General Manager of Central Huijin Investment Company, Mr. Niu Zhijun, Deputy Director-General of China Earthquake Administration, Mr. Dong Degang, Deputy Director-General of the Financial Department of the Ministry of Finance, Ms. Wang Simiao, Deputy Director-General of the Intermediary Supervision Department of China Banking and Insurance Regulatory Commission and Mr. Yuan Linjiang, Chairman of China Re, attended the summit and delivered speeches. Nearly one hundred experts from the Ministry of Science and Technology, the Emergency Management Department, seismological science research institutes and the insurance industry witnessed the launch of “China Earthquake Catastrophe Model v2.0” and conducted in-depth exchanges on earthquake catastrophe issues.
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Since July 2015, the method has been promoted as a way to streamline administrative procedures. Since 2016, it has been put in the Government Work Report, delivered by the premier to National People's Congress deputies in March, for three consecutive years.
Since the end of 2016, dozens of local governments have passed or expanded their restrictions on house purchases and increased the minimum down payment required for a mortgage.
Since opening, it has attracted more than 50,000 registered users, including 10,000 active trading members. It serves 10 major cities and will expand nationwide by the end of November.
Since last year, countries including Australia, New Zealand, Singapore, Turkey, Thailand and Sri Lanka have started to accept visa application documents online and issue e-visas, either a bar code or QR code.