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"Coming on the heels of the central banks, there is increasing optimism that politicians are starting to understand the scale of the economic stop coming our way as the death toll across Europe and the US continues to rise," Michael Hewson, chief market analyst at CMC Markets UK, said in a research note.

"Cross-border and cross-industry ecosystems have risen with the new technologies," she said. "Cooperation has thus become a must for the global financial industry."

"China's care about fighting air pollution and protecting the environment is motivated by its care about the health of Chinese citizens in the first place, which is a good thing that has led the country to vow a commitment to relevant international goals," said Magdy Allam, secretary-general of the Union of Arab Environmental Experts affiliated with the Cairo-based Arab League.

"Compared to pure IT players, we find our competitiveness in our profound understanding and rich experience in clinical medicine," Ho said, adding the company's solid financial backing is another benefit.

"China stands ready to work with Japan's newly elected party and government leader to continue to stay committed to the principles set out in the four political documents between the two countries, deepen cooperation on fighting the COVID-19 pandemic as well as promoting economic and social development, and to push forward the continuous improvement of bilateral ties," said Wang Wenbin, a spokesman for China's Foreign Ministry.