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China, in particular, has seen the market for telemedicine - defined as the remote diagnosis and treatment of patients using telecommunications technology - getting a shot in the arm during the pandemic with government support to propel online medical consultations. The healthtech market thus offers solid double-digit growth opportunities, with more market leaders emerging in Asia's drug development and software segment.

China's transport industry has seen rapid development, with 1.28 million km of rural roads built or renovated in the last five years, and over 99 percent of townships and over 98 percent of villages now connected by asphalt or cement roads.

China's short-video platform Douyin released its user volume for the first time on Tuesday, with more than 150 million daily active users and 300 million on a monthly basis as of June.

Chinese Ambassador Wang Shiting believes China is one of the biggest foreign direct investors in Malawi: "This year marks the 10th anniversary of relations between Malawi and China. The development achievements between the two countries over these 10 years are visible for all to see.

China, the world’s largest developing country with an upgrading super-large domestic market, welcomes businesses from the two countries to invest in modern services and the financial sector, he said.