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The company said this will balance economic development on both sides of the Pearl River, supporting accelerated integration and economic development in the Guangdong-Hong Kong-Macao Greater Bay Area.

The company is also engaged in livestreaming, a popular marketing approach in China by having a dedicated host interact with prospective buyers in real time. Chen said gross merchandise volume generated from such channels could amount to 30 million yuan per month.

The company runs 21 offices, six factories, five labs and an innovation center in China, supplying analytical instruments, lab equipment, chemical reagents, consumables and software.

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The compound annual growth rate of the industry topped 20 percent between 2014 and 2019, significantly overtaking the 3.61 percent annual growth rate of China's foreign trade during the same period.

The company is “scouring New York City for new office space,” The Wall Street Journal reported in July. Amazon has reportedly had talks with WeWork to lease part or all of a 12-story office building with room for thousands of employees in Midtown Manhattan. It’s one of several possible offices Amazon is scouting in the city.

The company's website was down Wednesday.

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The company said those who chose local brands for the same reasons accounted for 16 percent of respondents back in 2015.

The company is calling today’s?launch its biggest ever internationally. In addition to opening the Spanish-language storefront online, it’s rolling out?apps for both Android and iPhone and fulfillment services, which will?allow third-party?sellers to reach the new marketplace with Amazon’s assistance.

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The company said it will supply the McDonald’s fast food chain and other companies in Britain that want to ditch plastic straws because of environmental concerns.

The company plans to go public on the Hong Kong stock exchange next year targeting a valuation of billion to billion, according to an earlier report by South China Morning Post.