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Children from the Wang's Lion Dance troupe play with lion's heads prepared for a performance in Honghai village, Wuzhong, in the Ningxia Hui autonomous region. [Photo by Wang Ning/for China Daily]

Chen Tao, an analyst at the Beijing-based consultancy Analysys, said Amazon has strong competitiveness and a good reputation in its global logistics, warehouses and supply chain, and should step up localization efforts amid increasing competition from domestic online retailers.

Chen Kai (right), director of the China Will Registration Center, explains how to draft and store the document to Gong Jinhua, 68, in Shanghai on Wednesday. [Photo by GAO ERQIANG/CHINA DAILY]

Chen Jie, a professor who specializes in real estate and urban development at Shanghai Jiao Tong University, however, has a different view. "We can't simply correlate oil or fuel prices and home prices in this way without taking other factors into consideration, as the rise in commodity prices will increase the cost of daily consumption. And if it goes worse to harm the physical economy, the situation will get even worse as people will see their effective salary shrink. Some may even be out of work."

Chief superintendent of the Police Public Relations Branch Tse Chun-chung at the same press briefing said police made the arrests having gathered sufficient evidence to prove the arrestees' offenses.