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As the headquarters of internet giant Alibaba, Hangzhou has implemented the Alibaba City Brain Project using AI algorithms to monitor and control traffic signals and street cameras.

As we reported yesterday, one analyst was estimating the company to?record about 50 billion yuan (.17 billion), a 40 percent increase from last year, and another more bullish analyst was estimating that sales could top?60 billion yuan (.8 billion).?Last year, Alibaba Group’s websites Taobao Marketplace and Tmall.com processed more than .8 billion in sales during the 24-hour period, which is roughly one-third more sales volume in a single day than the three biggest U.S. shopping days combined.

As the central part of the country comes under the influence of Typhoon No. 4, or Typhoon Hagupit, further torrential rains were forecast for the areas while the precipitation in inland Gangwon Province is predicted to be over 500 mm, according to DPRK weather forecast.

As we speak, Hong Kong is in the direst situation since its return. The Central Government firmly supports the SAR Government led by Chief Executive Carrie Lam in governing according to law, firmly supports the Hong Kong police and judiciary in decisively enforcing the law and fairly administering justice, and firmly supports the majority of Hong Kong compatriots in their just cause of opposing violence, upholding the rule of law, and supporting the police. The Central Government has sufficient capabilities to quickly calm down any possible chaos. Any plot to mess up Hong Kong, undermine its prosperity and stability, and challenge "One Country, Two Systems" is doomed to fail.

As the operational and financial structure of central SOEs improves, they will see constant increases in their ability to ward off risks. The government will push central SOEs to advance mixed-ownership reforms and improve modern corporate systems in the second half, said Peng Huagang, SASAC secretary-general.