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As curbs eased over the years, issuances grew gradually and peaked in 2016 at 130 billion yuan, up from a paltry 13 billion yuan in 2015 and just 2 billion yuan in 2014, according to Wind Info, a Shanghai-based market data provider.

As a result, overseas investment in China's healthcare industry and the number of products launched in the China market by multinational companies have been growing. More importantly, domestic pharmaceutical companies also started to gain increasing presence in both domestic and international markets, especially in the biotech sector.

As for your question about how the constitutional amendment and institutional reform is going to impact China's opening-up, now that the constitutional amendment and government institutional reforms have been adopted at the NPC session, we will faithfully observe the amended Constitution and follow through on institutional reform. This will reinforce our commitment to the fundamental policy of opening-up.

As a result, some of the better known play schools and kindergartens have become prized take-over targets. Even the special schools, especially those that teach local pre-school children usage of the English language, are in demand.

As a main driver of economic growth, consumption contributed to 64.6 percent of China's GDP growth last year. The country has vowed to promote a steady increase in consumer spending this year.