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Another example was Fosun Pharma's holding subsidiary Shanghai Henlius Biotech Inc's biosimilar version of a popular biologic original for lymphoma treatment by Roche.

Apart from the slowing down of mainland imports, possible trade friction between the Chinese mainland and the United States, due to the passage of the US tax reform bill, may also impede Hong Kong's export performance this year.

Any HKSAR resident standing for election or taking up any position of public office shall sign documents to confirm or swear to uphold the HKSAR Basic Law and pledge allegiance to the HKSAR, it says.

Another potential push for the renminbi is China's domestic consumption. Domestic consumption contributed 64.1 percent to GDP growth by the end of the first quarter of this year. The figure is expected to be higher in the years to come, making China a major final destination in trade relations with other countries－a fundamental support for trade invoicing of the currency.

Another key topic is whether the government will raise the budget deficit rate. A broad consensus has been achieved among officials and scholars before the high-level economic meeting that the government deficit-to-GDP ratio could be lifted to 3 percent, up from 2.8 percent in 2019, allowing the government to spend more on infrastructure construction projects.