Meanwhile, services trade saw a 126.7-billion-yuan deficit, as services income and expenditure stood at 133.1 billion yuan and 259.8 billion yuan, respectively.
Meanwhile, instead of human decision-making, Cainiao Network, Chinese e-commerce giant Alibaba's delivery arm, is relying on algorithms and big data to plan packing, and delivery routes, helping save packaging materials and boosting efficiency.
Meanwhile, Vipshop's chairman and CEO Shen Ya said in the statement his company will continue to operate as an independent e-commerce platform.
Meanwhile, other retailers are pursuing different approaches to reduce the frustration of waiting in a checkout line.?Walmart is experimenting with?an updated version of its scan-and-go app,?and Kroger has been phasing in a sensor system aimed at anticipating how many checkers will be needed in its grocery stores at a given time.
Meanwhile, Mike Lee, Google's patent head, said "by working together on agreements such as this, tech companies can focus on building better products and services for their users."
Meanwhile, online news site ReveNews reports that about 10,000 of California’s estimated 25,000 affiliates are associated with Amazon.com. Britt Raybould notes that those affiliates generate 4 million in income tax annually. She writes.
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Meanwhile, technology also reshaped consumption during Golden Week. Daily transactions of online payments rose 79.92 percent year-on-year during the Oct 1-7 period, according to the Chinese online payment clearinghouse NetsUnion Clearing Corporation.
Meanwhile, Chinese author Zheng Yuanjie said on his micro blog account that pirated versions of his books had been sold on Pinduoduo.
Meanwhile, retail and logistic giants such as Amazon and DHL have also benefited from the time-saving and cost-effective CRE services, expanding their business scope by sending small packages via CRE.
Meanwhile, ICBC Leasing Co Ltd, China's largest aircraft leasing company by assets, said Boeing 737s are mainstream aircraft in the current market. ICBC Leasing has delivered a small number of 737 MAX 8 aircraft to its clients.