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As the closing bell rang Monday, Amazon had surpassed?fellow Seattle-area tech giant Microsoft to become the world’s most valuable company. The jostling came after Amazon’s?stock rose 8.5 percent in the first four trading days of the year.

As the dean of the textiles and clothing school at Quanzhou Normal University in Fujian province, Qiu Yiping always has a full work schedule.

As the coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis more than a decade ago, more coordinated actions from central banks worldwide are needed to prevent a global recession, and China will have more space to ease monetary policy, said Ming Ming, an analyst at CITIC Securities.

As the core function of the FTZ is to stimulate domestic and foreign trade, as well as attract foreign direct investment, the government will come up with more flexible policies to not only benefit State-owned enterprises and giant foreign companies, but also ensure small and medium-sized companies from all countries can profit from this platform, said Zhang Hongguang, deputy director of Dalian area of the Liaoning FTZ.

As support from the central government has boosted its testing capacity, Hong Kong will start the universal testing on Sept 1 and plans to complete it in no more than two weeks. The testing will be conducted for free and on a voluntary basis.