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As Maeck understands, Chinese consumers, including those in the lower-tier cities, have always pursued higher life quality and are especially discerning, in terms of kitchenware products.

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Approval procedures should be completed in three months for rare-disease medicines and six months for those to help combat life-threatening illnesses. Meanwhile, prices for anti-cancer medicines will be reduced following the zero-tariff policy adopted last month. An alert system for precautions against supply shortages will be further enhanced, and drug reserves will be substantially expanded.

Artificial intelligence (AI) and other new technologies are keywords highlighted in exhibition section of cultural and tourism enterprises at the China International Import Expo as Chinese museums and cultural institutions tap into new technologies to preserve their artifacts and promote them to global audiences.

As Chinese makers of smartphones, personal computers and servers grow into major players in the global technology arena, they also recognize the need of localized or in-house chip suppliers to help them better differentiate their products, Yang said.