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As those who were born in the 1990s and 2000s gradually dominate the markets, technologies to support online and offline platforms will be developed and will forge a new consumption industry.

As the clock struck midnight on Nov 11, Beijing-based Liu Yang, owner of two cats and a dog, rushed to snag discounts on Taobao and filled her virtual shopping cart within minutes.

As the Seattle-based retailer looks to increase the price of Amazon Prime by - from its current price point, the more the company can bolster the additional services included in its premium shipping service, the better. A recent survey showed that many users wouldn’t be willing to keep up their Prime subscriptions if the price goes up, though they might be more willing to keep paying if they felt they were getting better value for their dollar.

As the 22nd China-European Union leaders' meeting is set to be held via videoconference on Monday, observers said the two major global players could use the first official meeting between Chinese leaders and the new EU leadership to forge an even closer relationship amid the COVID-19 pandemic.

As toilets are a part of everyday life and affect everyone, the Chinese government, which has promised to dedicate itself to the well-being of all citizens, must squarely face the problem.