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Among the memorandums, Singapore Telecommunications Ltd will cooperate with China's top three telecom operators - China Mobile, China Unicom and China Telecom - to improve data connectivity between Chongqing and Singapore.

Amid complex international and domestic conditions since last year, private enterprises have maintained a momentum of stable growth despite various risks and challenges, said Xu Lejiang, executive vice-chairman of the ACFIC.

Amazon’s?new building?on West?34th Street?serves as a hub for Prime Now orders.?This is the latest attempt from Amazon to speed up its delivery process, as the company has explored the use of everything from?drones?to?taxi vehicles?to?storage lockers. Amazon currently offers same-day delivery (.99 for Prime users; .99 for others) in a dozen U.S. markets, and recently expanded the service to Canada.

Among the five cornerstone investors of Haidilao's IPO, Hillhouse Capital and Greenwoods Asset Management have committed million each. Morgan Stanley Asia and Morgan Stanley Investment will jointly take a stake worth million. Snow Lake Capital and Ward Ferry will invest million and million respectively, reported SCMP earlier.

Amazon’s rapid expansion in its hometown comes amid unprecedented of growth for the company worldwide. Amazon?last month reported that it has surpassed 341,000 employees globally, an increase of 110,000 in just the past year, not including temporary or seasonal staff. The company?employs 40,000 people in Washington state, including about 25,000 people at its Seattle headquarters.