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Another trend the report pointed out: China's internet market is very influential in terms of scale and impact as a considerable number of internet giants, start ups and unicorns－new, non-listed companies with valuations of more than billion－are competing with world magnates in the field.

Announcement of massive spending plans lifts local firms' shares

Another of China's concrete efforts to promote trade liberalisation and open up its market to the world is the first-ever China International Import Expo. This Expo, recently opened in Shanghai, has been welcomed by the international community and hugely successful, attracting more than 3,600 companies from over 172 countries, regions and international organizations, including the UK. It will become an annual event.

Antibiotic-resistant bacteria, which are sometimes called superbugs, kill around 700,000 people each year, according to a 2016 report commissioned by the UK government. Authors of the study estimate that if no action is taken, by 2050 that figure could rise to 10 million, which is more than currently die from cancer each year.

Antonya Nelson