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"China has committed significant reform to its pharmaceutical regulatory review and approval process, protections of intellectual property and timely, predictable and transparent government reimbursement for innovative medicines, and I look forward to discussing ways the global biopharmaceutical industry can work collaboratively to help China realize these historic goals," he said.

"By reinforcing their moats, industry leaders will become even stronger, and the sector will present a higher competition threshold, and the market centralization will become more obvious," said Neil Wang, president of Frost & Sullivan China.

"China has mobilized all social sectors and resources to fight poverty. Provinces with better economic conditions are paired up with less developed ones. Targeted assistance is provided to those in need."

"But the outlook will be more challenging this year as banks are asked to lend more to private enterprises and at lower rates," she said.

"China helps with the construction of infrastructures and provides training for Arabs, while importing oil, gas, minerals, and raw materials from the Arab world," Bourji said.