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Bullet train upgrades in the works, CASIC studying maglev hyperloop

But Bingobox's approach illustrates what Jack Ma, founder of e-commerce behemoth Alibaba Group Holding Ltd, talked about at a conference in Hanghou last October.

But Amazon has an advantage over those competitors, in that it can leverage growing profits from other arms of the business — cloud computing, advertising, etc. — to allow its e-commerce operations to run on thin profit margins.

But Adam Schwartz and Andrew Crocker, senior attorneys for the Electronic Frontier Foundation, a nonprofit group devoted to defending digital privacy, wrote: "Because new government dragnet location surveillance powers are such a menace to our digital rights, governments should not be granted these powers unless they can show the public how these powers would actually help, in a significant manner, to contain COVID-19."

Business revenue increased by 15 percent year-on-year to reach 4.5 trillion yuan (7.4 billion), faster than the growth during the same period last year, according to the Ministry of Industry and Information Technology (MIIT).