The company, which is based in Southwest China's Guizhou province, has also set a target of 50.5 billion yuan in net profit this year, up 10 percent compared with last year, according to a conference held by Kweichow Moutai Group.
The company will continue to bank on a network of internet celebrities to promote different merchandise to users of various nationalities. Social media personalities will become skilled at converting their influence into cash while helping to boost the revenue of merchants, Wang explained.
The company is optimistic about the Chinese market and continues to promote local production as well as research and development, said Enno Tang, president and CEO of Continental China, last week.
The company's total revenues were 7.82 billion yuan (.1 billion) last year, representing an increase of 58 percent from the previous year.
The company's landing in Malaysia helps it to become the first international cloud service provider to offer cloud computing services in the country and to top Southeast Asia with the widest infrastructure coverage.
The company's refinery crude throughput reached 63.5 million tons during the third quarter, up 2 percent year-on-year. Refined oil production reached 38 million tons, up 11.2 percent compared with the previous quarter, it said.
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The company is also empowering merchants to personalize their virtual storefronts for individual visitors, offering real-time, tailored product recommendations banking on algorithms that analyze a person's interests, location and purchasing power.
The comparatively high reading was driven mainly by food prices, which increased by 10 percent year-on-year last month, up from 9.1 percent in July, while nonfood prices rose by 1.1 percent, 0.2 percentage points lower than in July.
The company has worked on Zhongguancun incubation, an acceleration and cloud computing innovation base in Beijing, the Conference Center of Shenzhen University City in Shenzhen and Wuxi Low Carbon Exhibition Center in Jiangsu province.
The company plans to take advantage of Tibet's unique environment and resources to create pure and healthy dairy products to serve local consumers and also cover South Asian markets such as Nepal and India.