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Jumia has already helped a number of Chinese brands launch their presence in Africa.

John Zeng, managing director of consulting firm LMC Automotive Shanghai, said that as electric vehicles represent the general trend of the automobile industry, it is no surprise that Li Auto, a leading Chinese NEV car manufacturer with a high market valuation, will produce pure electric cars and amplify its product portfolio.

John Oyler, founder and chief executive officer and chairman of BeiGene, said the company hopes its original products will be successfully offered in China to enable patients to benefit from the drugs in affordable manner.

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Just like the booming tourism industry, the increasing popularity of cosmetic procedures in China reflects the fact that average Chinese people are becoming rich enough to pursue spiritual pleasure, said cosmetic surgeon Yang.

Jinri Toutiao, China's top news aggregator app, has pledged to pull in more cash incentives and traffic dividends to reward content curators as it banks on algorithms to shake up the traditional media industry.

Jim Yong Kim, who was president of the World Bank Group until Feb 1, said in a statement, "Decades ago, China's innovations in health such as the introduction of barefoot doctors (village physicians) and cooperative healthcare showed the world it was possible to improve health and greatly increase the life expectancy for hundreds of millions of people.

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Jiangxi is a national-level testing ground to develop the new generation of mobile IoT and explore its applications. Many local enterprises have launched digital transformation and carried out IoT technology pilot programs to enhance innovation and realize mass customization at a lower cost.

Jiaxing, a city in East China's Zhejiang province, is going to strengthen checks and punishment on pedestrians who use their phones when crossing the road.

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Just a year ago, Kusayen had to travel for 80 km by bus to the town to buy coats and boots for the migration. "To go shopping, we used to set out before sunrise and wouldn't get back home until sunset," he said. "It was a long ride. Products in the shops were expensive, and we didn't have many options."

Joseph Cavatoni, managing director of the World Gold Council USA, believes demand for the yellow metal remains stable, non-speculative and long-term. Accommodative monetary policies, along with safe-haven and momentum buying, drove demand.