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Commerce Minister Zhong Shan is seen in Beijing on the sidelines of the annual national legislative session on May 25, 2020. [Photo/Xinhua]

Co-host Stephanie Ruhle countered by asking, “At the cost of all retail? … We’ve seen the retail industry get shellacked. Anyone who is even selling the same product Amazon does is just getting carried out. Does that mean it’s the death of all other retailers?”

Co-organized by CHINCA and the Macao Trade and Investment Promotion Institute (IPIM), the forum attracted over 1,000 delegates from governments, businesses and academics from more than 40 countries and regions. The theme of this year's forum was Responding to Challenges and Promoting Global Infrastructure Development.

Companies in Guangdong, especially those that are export-oriented, have developed stronger capabilities in combating international trade risks, and most importantly, the province has already developed a healthy and sound industrial chain, while the local government has been helping local companies to cultivate emerging international markets, according to Ma.

Coast Guard helicopters were taking off across the street to rescue stranded people. Coast Guardsmen said choppers had made about 50 rescues in and around New Bern and Jacksonville as of noon.