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Among them, China-Israel Biological Technology Company has set up its headquarters in Tel Aviv and introduced Israeli technology, products, and talent to China in a bid to establish a joint venture company.

America is good at innovation but America does not hold the exclusive "patent" on innovation. The past 40 years of reform and opening up in China have seen the country highly integrated with the world and supplying the global market with goods that are not only "made in China" but also "created in China" and "innovated in China". China's economy is in a transition from high-speed to high-quality growth, with an emphasis on innovation, which has been an enabling force behind China's remarkable progress in IP protection.

Among them, European countries are actively slashing energy consumption and emissions in accordance with the Paris Agreement and the Energy Roadmap 2050. This offers Chinese manufacturers growth momentum for promoting electric bikes and new energy transportation across Europe.

Amid accusations made by the United States of intellectual property theft by China, companies and experts engaged with the Chinese market voiced different opinions.

Amazon’s record revenue growth came at the expense of profits. Over the company’s lifetime, its net income has lagged far behind Apple, Microsoft and others. Only in the past year has the company started to regularly post quarterly net income in excess of billion.