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"But realizing it requires the knowledge and expertise needed to surmount new challenges."

"China has an ambition in developing its civil aviation industry. Rolls-Royce wants to be part of that ambition and growth," Stein said in Beijing on Friday.

"ChiNext-listed companies are going to benefit the most from the new rules. According to a rough estimate, the removal of the profitability requirement will make at least 125 ChiNext-listed companies eligible for refinancing and the removal of the debt-to-asset ratio requirement will make 535 of them qualified for share sales," Ma Tingting, an analyst from Guosheng Securities, said in a research note.

"But the government is able to cope with the challenge of revenue loss by reducing unnecessary spending," Shi added.

"China has struggled for years to enter the high-end medical device industry, which offers many opportunities. Healthcare robotics offers that chance," said Yu Qingming, chairman of China Medical Devices Co Ltd.