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Despite posting its second straight quarterly loss, investors still appear bullish on Amazon, which usually shows razor-thin margins in favor of growing its business. As the thinking goes, there will come some point when Amazon will turn a corner and start turning massive profits. However, it looks like those profits probably aren’t going to be coming next quarter. Amazon is giving guidance of a net loss of 0 million in Q4.

Despite escalating trade frictions, China's determination of opening up has not been affected, he said. "China will maintain strategic composure and continues its transition from a large manufacturing nation to a high-quality manufacturer in accordance with established goals and policies."

Deng Xiuxin, an NPC deputy, said industry standards and large-scale breeding and farming will give enterprises a market advantage. However, it is vital to maintain the right production capacity in order to keep its good quality.

Despite the downturn, gold consumption rose nearly 10 percent year on year to 545.23 tons in H1, with surging imports. The consumption of gold bars increased more than 50 percent.

Deloitte predicts China's intelligent logistics market size will exceed 1 trillion yuan by 2025.