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The company has also donated money and supplies worth more than 100 million yuan to severely hit regions in China.

The colorful event, which drew hundreds of locals, saw booths showcasing cultural products from Kenya, Pakistan, India, Republic of Korea, China and the Philippines, among other countries, in an upscale shopping mall located in the city suburbs. Event organizers included the Kenya Ministry of Foreign Affairs, Huawei Technologies and Guangdong Business Association.

The coal mines will be required to carry out mergers and acquisitions (M&A) to increase efficiency in the sector. Coal mines with capacity reaching or exceeding 600,000 tons are also encouraged to reduce overall capacity through M&As, said the guideline published on the provincial government's official website.

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The company also topped LVMH Moet Hennessy Louis Vuitton SE in market capitalization as the most valuable stock on Bloomberg Intelligence's Global Luxury Goods Top Peers Index.

The comments by Amazon’s Schoettler at the recent Urban Land Institute meeting were referring, in part, to a transportation management program that lays?out?guidelines?for housing within walking distance of new?offices.

The communique said that the value of China's gross domestic product is expected to reach 100 trillion yuan (.9 trillion) this year, and the country will achieve sustained and healthy economic development in the next five years with a focus on higher quality growth.

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The company has rolled out educational programs around the clinically-proven benefits of Enfinitas to reflect its continuous scientific investments in China.

The company buys back some shares issued earlier to employees by way of incentives and perks like stock options. This will help avoid diluting the stake sizes of existing shareholders.

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The company encountered a strong rebound since mid-March, indicating the strength and resilience of the Chinese market as well as the recognition and demand of Chinese consumers toward luxury brands with a strong brand DNA, long history and exquisite craftsmanship, he added.

The company has been producing OLED TVs in partnership with South Korea's largest panel maker, LG Display, since 2013.