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"China's support, via its companies and credit lines, led to an agreement between the two countries. It has been one of the main drivers of all this transformation," said Fiad.

"Compared to the downturn seen in smartphone demand and many other segments in the first six months of this year due to the devastation caused by COVID-19, the smartwatch remains a popular consumer device segment," said Sujeong Lim, senior analyst from Counterpoint Research.

"China's industrial product market is huge and is in urgent need of integration. An industrial product platform with efficient supply chain management and service capabilities can transform the industry and lift overall circulation efficiency," said Xiong.

"China, of course, offers an important academic and economic market, and we continue to build new partnerships and explore investment opportunities with businesses, institutions, and organizations there and in many other countries and territories," said Julian Beer, Birmingham City University's deputy vice-chancellor.

"China-made vehicles are now able to compete in global markets to serve consumers worldwide," he said.