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Discussions about buying land in the Denny Triangle, where Amazon is building its new campus, began internally in 2011. Amazon had never developed anything on its own, but the company was growing and needed somewhere to put its people. It bought three blocks in the Denny Triangle from Clise Properties for 7.5 million in late 2012. The company managed to get master use permits for all three blocks in less than a year, no easy feat in Seattle. Amazon later purchased a fourth block, where permit records show it is planning to build approximately 860,000 square feet.

Dominguez, along with Philippine Foreign Affairs Secretary Alan Peter Cayetano, Budget Secretary Benjamin Diokno, Central Bank of the Philippines Deputy Governor Maria Almasara Cyd Tuano Amador, Bases Conversion and Development Authority president Vivencio Dizon and other government officials and representatives from the Philippines' business sector attended the Alibaba Business School's three-day New Economy Workshop.

Ding Xia, president of JD Fashion,expressed her delight at the partnership, which will support top up-and-coming designers.

Do you think that console games will see more opportunities in China with the rise of virtual reality technology?

Ding said the company will decide whether to set up its own manufacturing units abroad based on its sales performance in overseas markets. The company invested 3.7 percent of its sales revenue in research and development in 2016. It will continue to allocate part of its budget to innovation activities, especially sportswear materials, shoe-shaping and related functions.