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As confirmed cases of COVID-19 increase overseas, domestic manufacturers of medical and preventive supplies are encouraged to export their products to ease mounting strains facing other countries, Wang added.

As a leading global healthcare company powered by advanced therapy platforms and data science, Novartis is committed to innovative science, exploring the use of technology to provide new treatment options for patients, and developing strategic partnerships with the health technology ecosystem. Such collaborations allow the company to combine cutting-edge technology and expertise with its own scientific experience and know-how to accelerate and scale its digital transformation, according to a company press release.

As both countries are at a crucial period of development, he said that they should find a proper solution to their historical grievances, discard a zero-sum game mentality, avoid unilateral action, and settle disputes peacefully to jointly maintain peace and stability in the region.

As consumers continue to gravitate toward social media platforms to consume news and personal updates, it's no wonder it has also become an ideal place for product recommendations and a new kind of word-of-mouth marketing, said Lambert Bu, a partner of global consultancy McKinsey.

As a bond in default is a special type of instrument with high return and high risk, it requires trading participants with professional skills of recognizing risks and higher risk tolerance, or the so-called qualified institutional investors, Li said.