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As the world's largest contract manufacturer, Foxconn acquired Japanese electronics maker Sharp Corp in 2016. Sharp is the only Foxconn subsidiary with experience of chip manufacturing. However, the Japanese company stopped developing semiconductor technology when it ran into financial problems in 2010.

As the country continues to battle the novel coronavirus, small and medium-sized enterprises in Zhejiang province have been busy normalizing their operations to pave the way for an anticipated pickup once the epidemic ends.

As staunch supporters of free trade and multilateralism, China and European countries would bear the consequences of US trade protectionism if Trump topples the global order, experts have said.

As seen in medical supplies alone amid the outbreak, China's position in global industrial chains in the short and long term remains firm and significant, said Teng Jiangqun, director of the Department of American Studies at the China Institute of International Studies. 

As the leading force in China, the CPC is expected to continue to make huge contributions to China's economic growth, social prosperity and people's welfare.