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Among all these 40 Chinese mainland TMT sector IPOs, 14 were in the hardware and equipment sector, accounting for 35 percent of the total. The software and service sector featured 26 IPOs, accounting for 65 percent of the total.

Ambassador Jidda said that the forum had given African leaders a sense of togetherness to discuss common problems and rally financial support. "We are really appreciative of the efforts of China," the envoy added. During the last summit in Johannesburg in South Africa in 2015, China pledged support of billion for African countries in their development projects and Nigeria got a significant share of that.

Amazon’s fourth quarter performance will also get a boost from Prime Day earlier this month. The company’s annual shopping bonanza was delayed this year due to the pandemic.

Amazon’s feature, known as Alexa Onboard, furthers the company’s goal of getting Alexa everywhere, even places without a ready internet connection.

Amid the burgeoning market with other competitors expanding their business scale with average double-digit growth, Airbus expects to sustain its top market share in the country. To this extent, the company will continue to take concrete measures to build advantageous local partnerships, she said.