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As an international company with integrated global value chains, minimizing trade barriers and tariffs is essential to BASF operations. The company benefits - as do customers - from free trade as any kind of duty represents an indirect tax. We are therefore concerned about the recent US announcements, and the response of several of US trading partners, including China, to impose import tariffs on a wide range of products that could affect the chemical industry and its numerous customer industries, including the automotive industry.

As a result, drugs are no longer a profit center for hospitals, and all province-level localities are exploring a shift of prescription drug sales away from hospitals, the industry experts said.

As greater credit support is trickling down the financial market, China's new yuan-denominated loans totaled 4.24 trillion yuan during the first two months of the year, up 130.8 billion yuan year-on-year, while corporate bonds and non-financial stocks have also seen upticks in the sum raised during the same period.

As a company that has been investing in 5G since 2009, Huawei is at the forefront of progress in this field. On Tuesday, it announced memorandums of understanding (MoU) regarding 5G networks with 45 operators in Asia, Europe and North America.

As economic globalization advances, fast and comprehensive information is needed that reflects the dynamics of the world economy, said Cai Jin, deputy head of the CFLP.