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COVAX, or the COVID-19 Vaccines Global Access Facility, aims to accelerate the development and production of vaccines through global cooperation and ensure that all countries can obtain them. The initial goal of COVAX is to distribute 2 billion doses of the vaccines by the end of 2021. China joined COVAX in October as a self-financing country, which allows the facility to help poorer countries.

Calling the two countries close neighbors and important cooperation partners, Li said China hopes to enhance strategic communication and political trust with the ROK, expand win-win cooperation and promote further easing of regional situation.

Cai, also secretary of the CPC Beijing Municipal Committee, said during his trip that the Sino-British cooperation is faced with new opportunities.

Cambridge, Mass.

Canadian Prime Minister Justin Trudeau, Apple CEO Tim Cook, Chairman and CEO of Tencent Holdings Ma Huateng, Alibaba Group Chairman Jack Ma, and Foxconn Technology Group chairman Terry Gou are among the participants expected to attend the forum, which ends on Friday, according to Alan Murray, chief content officer of Time Inc and editor-in-chief of Fortune.