The Chinese technology giant Huawei begins a four-day online event today focused on how technology can be used in the fight against coronavirus.
The "Better World Summit" will also explore how to boost the world economy in the wake of the pandemic.
Meanwhile, HSBC has issued a statement defending its cooperation with the United States in a case against Huawei.
It came after Chinese state media accused the London-based bank of "setting traps to ensnare" Huawei.
The world's largest telecommunication equipment manufacturer said the summit will present discussions of executives and tech experts from around the world, including Huawei's rotating president Guo Ping and South Africa's telecommunications minister Stella Ndabeni-Abrahams.
The event takes place against the backdrop of growing pressure on the company as tensions rise between Beijing and western governments.
On Friday, an article in the Chinese popular newspaper said that HSBC "framed" Huawei and played a role in the arrest of the company's chief financial officer Meng Wanzhou.
The following day HSBC released a statement on the Chinese social media platform WeChat stating that it was not involved in Washington's decision to investigate Huawei or arrest Meng.
He also said "HSBC has no malice towards Huawei, nor has it" framed "Huawei." In response, another Beijing-controlled newspaper, The Global Times, said: "Chinese observers have called HSBC's statement" unconvincing ".
Meanwhile, the U.S. has urged members of the Five Eyes intelligence sharing alliance - which also includes the UK, Canada, Australia and New Zealand - to avoid the Huawei kit.
The campaign against Huawei by President Donald Trump's administration led the United Kingdom and Australia to ban the company from building its own 5G networks.
Earlier this month, the British government banned the country's mobile phone suppliers from buying new Huawei 5G equipment after the end of this year.
Companies were also told that they had to remove all of the Chinese company's 5G kits from their networks by 2027.
Follows the sanctions imposed by the U.S. government, which claims that Huawei poses a threat to national security, which the company denies.
Also this week, a court in Canada will open a hearing on what evidence should be made public in proceedings about whether to extradite Ms. Meng to America.
