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Macy's, which also owns Bloomingdale's and Bluemercury, said that the new job cuts would save 5 million this year and about 0 million per year on an annualized basis in the future.

Malaysian hawkers have been badly hit by the curbs, with estimated losses of about 50 million ringgit (.5 million) for nearly 100,000 traders.

Male and female golden snub-nosed monkeys rest on an outcrop of rock in the Qinling Mountains in Shaanxi province. Marsel van Oosten / national history museum

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Mak said support from the central authorities can alleviate public anxiety and fear in Hong Kong. She noted that the local public health system was under tremendous pressure as some residents reported that they failed to obtain sampling bottles for tests in time, or did not gain hospital admittance on confirmation of infection.

Maimunah Mohd Sharif, UN-Habitat Executive Director, told Xinhua during an interview earlier this week that Beijing's approach has brought tremendous and impressive changes in the economy and society.

Ma, a once obscure English language teacher, co-founded Alibaba with 17 partners in an apartment in Hangzhou, and the company has revolutionized shopping habits, payment channels and leisure entertainment in China.

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Ma also urged lawmakers of the Hong Kong Special Administrative Region (SAR) to give green light to the co-location arrangement.

Many Chinese parents want to see their children gain proficiency in Chinese language and become acquainted with the great works of Chinese literature.

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Ma's trading company focuses on fast-moving consumer goods businesses such as hairpieces and cosmetics. He said nearly 80 percent of the world's false eyelashes are made in the Pingdu area of Qingdao, so moving the company to Qingdao means a 20 percent increase in logistics efficiency and millions of yuan in annual cost reductions.

Major e-commerce platforms stepped up efforts to utilize cutting-edge technologies to enhance logistics capacity and boost sales during this year's June 18 shopping extravaganza.