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"China welcomes all types of businesses, including foreign ones, to participate in the ownership reform of SOEs," said Xiao Yaqing, chairman of the State-Owned Assets Supervision and Administration Commission, at a media briefing on the sidelines of the 13th National People's Congress, the top legislative body, on March 10.

"China's catering industry has shown increasing awareness of food safety, and displayed some unique business models thanks to its advanced development of digitalization," said Connell Zhang, executive vice-president and president of Greater China for Ecolab.

"China's capital markets are undergoing the reform of minimizing administrative controls and strengthening crackdowns on illegal market behavior."

"Chinese consumers have shown a higher requirement in terms of quality of food. The improvement of quick-frozen technologies will help enhance the taste and nutritional values. There is an expectation of more varieties of frozen food in the future," Wang of Frost & Sullivan said.

"China will succeed in building a moderately prosperous society in all respects this year, with health becoming a huge industry," said Li Hua, deputy director of the Zhejiang Provincial Sports Bureau.