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And since more people begin to have an open mind toward medical cosmetology amid a period of consumption upgrading, related business would have a great potential in the future, Lotus said.

An online meeting was held at the headquarters of the Shanghai-based conglomerate on April 7. By connecting medical experts based in China, the United States, the United Kingdom and Portugal, Fosun helped combat the COVID-19 pandemic by facilitating the sharing of knowledge and experience among medical professionals, said Chen Qiyu, co-CEO of Fosun.

Analysts said China is even more important to Daimler as it is transitioning under the new boss toward its strategies including electrification and vehicle sharing.

Andy Ho, CEO ofPhilips (China). [Photo provided to China Daily]

And Sixteen South and UYoung have agreed to develop 52 episodes of an original preschool series. The show, as yet unnamed, will aim to "charm young viewers with its unique angle, portraying love and friendship across different cultures and nations", according to the Belfast company.