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"China's health-tech market is the second-largest globally and exhibits continued robust growth with significant potential," he said. "We focus on major diseases including cardiology, stroke, oncology and respiratory diseases to have developed integrated solutions including suites of systems, smart devices, software and services to meet the local customer needs."

"Companies can ride the rising demand to focus on other high-tech, value-added products. Domestic toy manufacturers' competitiveness reflects not only in their price labels today but in their development capacity as well as intellectual innovation."

"China's economic reforms have paved the way for the nation to create some of the world's leading companies in e-commerce, artificial intelligence, genetic engineering, financial services and biotechnology," she said.

"Currently, Chinese companies are gaining a firm foothold in the high-end medical ultrasonic diagnostic instrument market, and accepted widely by users. The dominance by foreign enterprises results in high prices for the devices. The rise of domestics brands has brought prices down."

"China supports the Philippine government in exploring a development path in line with its own conditions," Xi said.