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"For years, the United States has been seen as the impeccable frontrunner for a big bang coming in the healthcare sector, in terms of money invested in digital healthcare, as well as the number of groundbreaking startups," said Sigal Atzmon, president of Medix Group, an international company that offers medical case management.

"For drug and other lab tests, scientists have to purchase monkeys from all over the world, which is costly, bad for the environment and produces inaccurate results because each monkey might have different genes,"Pu said.

"Globalization and China's own policies have been highly complementary and mutually beneficial. We need to recognize this to fully understand China's commitment to globalization and the new round of the reform and opening up today," he said.

"Floating on Nasdaq is both a milestone and a starting point for 111 Inc, and our mission is much bigger than public listing on the stock market," said Yu Gang, co-founder and executive chairman of 111 Inc.

"Fortunately, we're betting on the right track. As the TikTok accounts attracted more and more traffic in June last year, our team had grown from just three staff at the onset to more than 20 and finally got the business off the ground, managing more than 100 official accounts," recalls Cheng.