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"China is a country with a high savings rate, which currently stands at 46 percent, and the large amount of savings is transformed through banks into corporate loans, which is likely to drive up the leverage ratio."

"China places great importance on science, technology and innovation. The country follows an innovation-driven development strategy, encourages entrepreneurship and innovation nationwide and fosters sustained economic development and higher living standards."

"China and India are complementary in the field of pharmaceuticals. The resource grafting of Chinese and Indian pharmaceutical companies represented by Fosun Pharma and Gland Pharma will help promote the internationalization of Chinese pharmaceutical companies in R&D innovation and generic drug export," Chen Qiyu, co-president of Fosun Group and chairman of Fosun Pharmaceutical, said in the announcement.

"But people need to understand that the system is for early earthquake warnings, not forecasts," said Guo Hao, director of the Fujian agency's executive office. "We cannot predict earthquakes; therefore, we should learn more about individual protection and improving the awareness of disaster prevention. You need to know what to do after receiving early earthquake warnings."

"China needs to strengthen IPR protection and crackdown on IPR infringement to serve high-quality economic development, stimulate innovation and further promote the reform and opening-up and its integration into economic globalization," said Zheng Xinjian, an SPP prosecutor.