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"Christmas is a time of growing excitement here in China, especially among the younger generation. We see them visiting with family members to share a meal in our restaurants for example, and spending Christmas eve with friends having fun together in our VUE Bar," says Hyatt on the Bund General Manager Mark Foxwell.
"Chinese companies need to join forces in overseas expansion, and beef up their respective advantages. They should keep away from vicious competition," he added, referring specially to a previous irrational investment frenzy.
"China's proposal to explore third-party market cooperation could bring benefits to both Western nations and developing countries involved in the BRI, without causing a clash of interests," Li said.
"Competition is one of the best mechanisms to promote innovation, and help maintain the vitality of every company." he said.
"China stands firm in attracting foreign investment, especially in the healthcare sector. The National Medical Products Administration, the National Healthcare Security Administration, and the National Health Commission have launched various measures to encourage drug innovation and enhance drug accessibility. MNCs enjoy the same favorable policies as Chinese firms. We are confident about the market," he said.
