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"Catering firms, including milk tea makers, are facing certain pressures due to the impact of the epidemic, and they are keen to expand online sales channels. For milk tea brands, it is inevitable that they should expand into new retail channels," said Wang of Frost & Sullivan.

"China and Kenya have enjoyed a profound friendship. Kenya has always been a very important partner for China's strategy on Africa," Sun said, listing a number of important projects implemented in Kenya in the past three years.Frequent visits by Chinese and Kenyan leaders have strengthened political trust between the two sides. President Kenyatta went to China in 2013 and 2017, two trips that helped elevate bilateral relations to a comprehensive strategic and cooperative partnership.

"China is a key market for UBS," the bank said in a statement, adding that the further opening-up of China's financial sector brought great opportunities.

"China Life is slightly weaker in large and medium-sized cities", Su admitted. "But solutions outnumber problems. As the middle-income group is expanding in major cities, we will be constantly in touch with their needs through building up new teams and product models."

"By using its full digital traceability system and digital tools such as smart sensors, visual inspection and auto monitoring system to improve quality control, Danfoss CC Tianjin factory has improved labor productivity by 30 percent and reduced customer complaints by 57 percent within two years," the WEF announcement stated.