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Courting startups makes a lot of sense for the Seattle-based tech titan. Boutique online retailers like Etsy, crowdfunding sites like Kickstarter and dedicated platforms for inventors like Quirky are all providing opportunities for small companies hoping to make it big with the next cool gadget. If Amazon can grab those startups in their infancy and provide all the services that they need (much like the company already does with Kindle self-publishing and Amazon Web Services), it could make a nice amount of money from a success like the Pebble?smartwatch.

Consumers check out M&M chocolates at the company's flagship store in Shanghai. [Photo by Yan Daming/For China Daily]

Continue reading for edited excerpts from the interview.

Consumption in the form of gold bars fell 17.29 percent year-on-year to 110.51 tons during the first half this year, while consumption in the gold coins segment dropped 29.27 percent year-on-year to 2.9 tons. And gold for industrial purposes fell 0.6 percent year-on-year to 51.36 tons, it said, adding that the softening demand for gold in China is partly due to the increasing gold prices.

Consumers "can scan the barcode and see the animal's route from birth -- how old it is -- and trace the food they are going to consume," he added.