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Amid challenges brought by the epidemic, the Association of Southeast Asian Nations for the first time has become China's top trading partner, opening up bright prospects as China and ASEAN are now each other's largest trading partners, the Ministry of Commerce said on Sunday.

Among them, exports of knowledge-intensive services rose by 9.7 percent to 512.87 billion yuan, accounting for 56.2 percent of the total. Intellectual property payments, insurance services, telecom computer and information services maintained faster growth, with year-on-year growth of 37.2, 18.7 and 15.2 percent respectively.

Amazon’s ascension as a corporate and retail titan has entire industries trembling at mere rumors that the company is moving into new markets. Bloomberg technology columnist Shira Ovide studies how that came to pass, by the numbers, in a new piece titled, “How Amazon Became Corporate America’s Nightmare.”

Among the endorsers of the legislation are Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, who signed the petition on Thursday morning at a street booth in North Point, and top officials of the SAR government.

Amid the novel coronavirus epidemic, the growth rate of China's sharing economy will decline around 8 to 10 percent in 2020, and catch up again in the next two years, according to a report issued on Wednesday.