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Re:invent is the biggest event of the year for AWS, where it unveils a dizzying array of new products and services and makes its case to developers and business decision-makers who might otherwise be swayed by the increasingly sophisticated cloud offerings from relative latecomers Microsoft, Google, Oracle and others.

Referring to the innovation development in China, George Yip, emeritus professor of Marketing and Strategy at Imperial College Business School, noted that Chinese companies have four advantages for technology innovation, including the funding system of research and development, the lower-cost labor market, the fast-growing domestic market with technology-oriented consumers and good financial status.

ROK President Moon Jae-in said on Wednesday that his country will deepen trust with the DPRK in the September summit during a ceremony to mark the 73rd anniversary of the peninsula's liberation from the 1910-45 Japanese occupation, according to the presidential Blue House.

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Red flowers are considered an integral part of this celebration, and everyone wants the best combination of roses as a gift for their friends and loved ones.

Real estate professionals said both buyers' and sellers' enthusiasm is declining.

Radio Television Hong Kong, the public broadcaster, was urged to handle all programs in a professional and vigilant manner, after a show it produces sparked public criticism.

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Ramirez said that the workers, who received the news on Friday, would be transitioned between now and the end of July when the layoffs are set to take effect.

Reducing import tariffs can promote economic globalization and free trade, while trade protectionism could slow the recovery of the world economy, experts said in a forum in South China's Hainan province.

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Ranked 23rd in the Fortune 500 list this year, the company achieved total revenue of 588.93 billion yuan as of June, up 12.1 percent year-on-year, as well as net profit of 19.14 billion yuan, an increase of 6.1 percent, according to the company's financial reports.