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As well-developed cashless payments systems like Alibaba's Alipay and Tencent's WeChat Pay are widely adopted in every corner of Chinese life, bookings for transportation, hotels and payment at shops can be done on smartphones easily and securely, according to the report.

As two stabilizing forces in the world, their renewed commitment to uphold multilateralism and the fundamental norms governing international relations, and shared resolve to work together for improved global governance will be widely welcomed.

As two leading players for promoting world peace and common development, how China and the EU respond to such a complex situation will be keenly watched around the world. My visit to Europe is aimed at building consensus, increasing mutual trust and enhancing cooperation between China and Europe to counter international uncertainties with a stable China-EU relationship and our consistent commitment to multilateralism.

As the highest-ranking executive on the company’s earnings conference calls, Szkutak has frequently been the person explaining and defending Amazon’s notoriously?thin or non-existent profit margins, and its long-term approach to building?market share. That role will now shift to?Olsavsky, who has been with the company even longer than?Szkutak, having joined as vice president of finance in April 2002.

As with businesses the world over, YCIH has had to grapple with the consequences of the pandemic－the first of these being when construction was disrupted after the coronavirus appeared early this year.