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Danone SA, the French food producer, also plans to distribute more health-focused food and beverages in China over the next five years in an effort to keep up with the improving local lifestyles.

Data from the market research company Counterpoint show that Realme is the only major smartphone vendor whose global shipments saw double-digit growth in the second quarter of this year.

Data from China's National Bureau of Statistics showed that industrial output of the country's service sector expanded by 1.9 percent in the second quarter, reversing the decline of 5.2 percent in the first quarter. The contraction of retail sales also narrowed to 3.9 percent in the second quarter from a decline of 19 percent in the previous quarter.

Dahl, who referred to Amazon’s early years as “wacky” and “intense” and “exhilarating,” recalled a lot of the experimentation that went into trying to figure out how to make the company work, the constant tinkering. One year they would order books from publishers, then they would look at the metrics and switch to ordering from wholesalers. They’d look at the numbers again and switch back to publishers.

Dairy product exports totaled NZ billion, accounting for one-quarter of New Zealand's exports to China, Stats NZ said.