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Apart from running a new healthcare research hub in Houston, Texas, to develop the next-generation nonsurgical automated laboratory processes with collaborative robots and automation technologies for medical laboratories and hospitals, medical logistics and warehousing, ABB has cooperated with hospitals in Shanghai to create a flexible pharmacy automation system to enhance its inpatient pharmacy.

Any unilateral change of US economic and trade policy towards Hong Kong will create negative impact on the relations between the two sides as well as US own interests, the spokesperson said.

Another ratings firm, China Lianhe Credit Rating Co, was warned by the association last year due to a lack of quality control in the ratings process, according to NAFMII's website.

Another industry zone, developed by China Civil Engineering Construction Cooperation in Hawassa, started operation in 2016. Berhane said that it aims to create 50,000 jobs and generate billion a year.

Another 45 companies withdrew their applications, while 188 were approved, said the CSRC.