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Companies must keep calm when facing the overseas investment mania, and focus on technology, brand building and market access, cautioned Yang Bin, at the Chinese Academy of Social Sciences.

Comedian Phil Wang delivered a standup routine at the Cabaret Tent that was both disarmingly charming and brilliantly cutting. The son of a Chinese-Malaysian father and British mother, 29-year-old Wang opened by dissecting his full name (the product of a "cultural compromise"), setting the tone for a witty assault on white and Asian stereotypes.

Conditions for Amazon warehouse workers have been the subject of scrutiny and criticism from employee activists and politicians. Amazon has implemented?safety measures?in warehouses and fulfillment centers to help manage COVID-19 cases. The company?said earlier this month that more than 19,000 workers had tested positive?or been presumed positive for COVID-19, which it described as lower than the rate of positive cases in the general population.

Combined profits grew 12.1 percent year-on-year to reach 636.1 billion yuan. MIIT data also showed stable software export growth, and increases in both the number of employees and average salary levels.

Commerce Minister Zhong Shan suggested that such projects can start from countries that are close to China and Japan, especially in areas like logistics, environment protection and emerging industries.