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As the leader in the cloud market, Amazon is well-positioned to take advantage of the trend. Microsoft last year announced Project xCloud, a gaming service that will let users play Xbox games on mobile devices using specially designed servers built from Xbox components. Google jumped into game streaming last year with the announcement of Project Stream, a service that brings PC games to its Chrome browser.

As regards education and people-to-people exchanges, China and Thailand expressed satisfaction with bilateral cooperation within the framework of the current memorandum of understanding on education cooperation.

As the city is also poised to become a global hub for technological innovation, trade, shipping, finance and economy, Shanghai will be home to an abundance of job opportunities, added Tian.

As the debt-to-equity program is considered a significant and efficient method to tackle debt woes, China Shipbuilding Industry Corp, one of Chinese Navy's biggest contractors, converted debt into equity by offering eight investors stakes in two of its unlisted subsidiaries for an estimated 22 billion yuan (.27 billion) in August.

As the company searches across North America for its second headquarters — which would employ as many as 50,000 people — Bezos is positioning Amazon for a new stage of growth with some bold moves, including last year’s acquisition of Whole Foods and last month’s purchase of smart doorbell maker Ring. In fact, GeekWire reported yesterday that Amazon is on an “unprecedented” buying spree.