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China all set to change its development model from 2021: Xi Jinping

“In seven years since the 2008 global financial crisis, the contribution of China’s domestic demand to GDP exceeded 100 per cent, making domestic consumption the main driver of its growth,” Chinese President Xi Jinping said.

China’s per capita GDP has topped USD 10,000 and its middle-income population has exceeded 400 million. It is projected by many international institutions that China’s retail market will reach USD six trillion in size this year, he said.

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Pfizer, BioNTech conclude Phase 3 study of COVID-19 vaccine candidate, say it’s 95% effective

“The study results mark an important step in this historic eight-month journey to bring forward a vaccine capable of helping to end this devastating pandemic. We continue to move at the speed of science to compile all the data collected thus far and share with regulators around the world,” said Dr Albert Bourla, Pfizer Chairman and CEO

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