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Among 26 high-end and high-tech companies that have a presence at the Xiongan citizen services center, the first complex in the area to accommodate offices of government organs and enterprises, about 90 percent are from Beijing, according to a report released Wednesday by xiongan.gov.cn, the area's official website.

Amazon’s Kindle Oasis is definitely my desert island device.

Among the migrant workers piling up Beijing's tallest building – the CITIC Tower – a 22-year-old wood craftsman from south China's Guangdong Province says that he left home for the megacity to get a taste of the economic miracle. But he cannot afford a day off to even see the city, for he would lose the day's wages. His deepest impression of the metropolis is the high consumer prices.

Among the five cornerstone investors of Haidilao's IPO, Hillhouse Capital and Greenwoods Asset Management have committed million each. Morgan Stanley Asia and Morgan Stanley Investment will jointly take a stake worth million. Snow Lake Capital and Ward Ferry will invest million and million respectively, reported SCMP earlier.

Amazon’s sales rose 26% in the first quarter as the COVID-19 crisis made the online retailer an even bigger part of many lives, but profits were down 30% due to expenses from dealing with the virus. Amazon CEO Jeff Bezos gave a clear message to shareholders, saying they “may want to take a seat,” because there are big challenges ahead and they won’t be easy or cheap to overcome. The company says it will spend billion this quarter on initiatives related to the pandemic.