The company also promised stricter training and reviews of its couriers to ensure they abide by traffic rules to prevent similar tragedies in the future.
The commission said it will continue to improve policies that allow for the extension of repayments on loans to middle-, small and micro-sized enterprises, and guide banks to further extend loan repayments according to the development of the pandemic and the enterprises' operating conditions.
The company declined to offer more details about the app, but said in a statement emailed to TechCrunch that it’s committed to being available wherever customers want to shop.
The collapse happened on Sunday night and a total of 71 people were trapped in the building.
The comment follows the US increasing tariffs on 0 billion worth of Chinese goods on May 10 from 10 percent to 25 percent. In response, China raised tariffs to 25 percent on some products in a list of billion worth of US goods starting Saturday.
The comments were made as the recently announced intention of the US to impose tariffs has heightened global concerns over potential trade confrontations, particularly those between the world's two largest economies.
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The company also is moving forward with plans for 3.3 million square feet of space in the Denny Triangle area of Seattle, part of a plan for a new campus that borders downtown.
The company forecast that 60 percent of all IoT connections will be realized by narrow bandwidth technologies, according to Zhao Jianjun, general-manager of China Telcom's IoT branch.
The company has eight drivers and four vehicles, none of which have ever been in an accident since Tao's started operating in 2013, NBC News reported.
The commission issued the country's first three autonomous driving road test licenses to smart car manufacturers in March, with two licenses going to Shanghai-based SAIC Motor, and electric vehicle startup Nio receiving the other.