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The company now aims at the research and development of 5G-related new products as this year will see wide commercial use of 5G globally. It is also speeding up entry into the global supply chain of high-end smart car manufacturers.

The company said the investment fund is expected to drive rapid growth of upstream and downstream industry chains and other high-end manufacturing sectors, such metallurgical processing and dynamic controls, for the C919－the homegrown large passenger jet.

The company will receive more than billion in tax credits and other incentives. New York is forking over more than .5 billion, while Virginia and Arlington are offering about a third of that-3 million. The hope is that Amazon will attract other companies and ultimately boost the local economies. But while many see it as an opportunity, not everyone is sold on the idea.

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The company plans to use the proceeds to fund eight projects totaling 27.3 billion yuan (.3 billion), in the industrial internet, cloud computing, data centers, communication networks, fifth-generation mobile communications, the internet of things, intelligent manufacturing and industry upgrades.

The company noted the allegations in the trade secrets charges were already the subject of a US civil lawsuit that was settled.

The company, power supplier for more than 1.1 billion people in China, has also vowed earlier to reduce power costs by as much as 48.9 billion yuan for industrial and commercial enterprises in an effort to ensure a steady energy supply for fighting the novel coronavirus.

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The company wasn’t cited?following a complaint about?its Blackfoot building in November of 2014, but Amazon did tell officials?back then that it had 150 male employees on a single floor where there were?four toilets. L&I requires at least six “fixtures”— toilets and urinals — for a workplace with that many men, though the rule applies to entire buildings and not particular?floors. But Amazon still said it was going to build an extra men’s bathroom?on every other floor in the building to remedy the situation.

The company's latest move includes the opening of an AI and internet of things lab in May 2019, the third and largest of its kind in the world. The first batch of 30 clients stand to benefit from turning prototyping into products by leveraging Microsoft's AI and IoT solutions, said Lin Miaojing, project director of the Microsoft AI and IoT lab.

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The company was fined 120,000 yuan (,400) by the city's environmental protection bureau and given until the end of May to upgrade its equipment or remain shut down.

The company will focus on creating a series of famous brands and expand the scale of imported products to meet Chinese consumers' demand for high-quality and customized food.