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"China continues to be a growth market with attractive prospects for Clariant. This investment will be of great benefit to our company's positioning and customer proximity in the entire region," said Hans Bohnen, COO of Clariant.

"But we need to learn Western medicine at the same time to mix advantages."

"China has become increasingly innovative, and is determined to develop an advanced legal regime for IP protection, and new protection mechanisms have already taken shape in the country," he said in a written reply.

"China hopes the two sides will cherish the positive progress made during this period of time, maintain patience, exchange goodwill, and move toward each other," Foreign Ministry spokesman Lu Kang said on Friday when commenting on Washington's abrupt withdrawal from a summit with DPRK top leader Kim Jong-un.

"China is opening up its lucrative pharmaceutical market to the outside world with a determination never seen before," said Liu Guoen, an economist and healthcare reform specialist with the National School of Development, Peking University.