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"China shares market opportunities with the world and promotes the world. As such, the company aims to introduce more innovative therapies to China by making their Asia-Pacific or even world debuts in the country," he said.

"Countries should engage in international cooperation to fight against COVID-19, in particular to assist developing countries," he added.

"China's strengths in connectivity will likely be a key factor in enabling it to diversify from manufacturing technology to developing and executing new digital business models," said the report.

"China's capital market is warmly embracing new economy enterprises like Ant, which encourages the use of science and innovation to optimize the distribution of social resources," said Pan Zijian, a partner on capital market research at KPMG China.

"China's asset management industry has great potential, and Winton is excited to participate in the market," said Fred Tian, head of client advisory at Winton China. "We look forward to bringing to bear our international and local experience for the benefit of our Chinese clients."