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Macao has enjoyed remarkable progress since its return to the motherland. Official data showed that the city's gross domestic product rose from .5 billion in 1999 to .3 billion last year.

Macao has been especially successful in containing the virus. All 45 patients confirmed with COVID-19 have been released from hospitals, and there have been no deaths.

Mainland, Hong Kong police operation catches 67,600 illegal immigrants

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Ma said Alibaba will have two more new data centers in this fiscal year, one in Malaysia and the other in Indonesia, aside from the current two in Australia and Singapore, a sign that the company attaches great importance to the region.

Macy’s is closing approximately 100 stores in the next few years and has sold off parts of other locations, as it did with the 300 Pine building in Seattle.?Macy’s sold the top floors of 300 Pine to Starwood in 2015 for million. The company said at the time the space was underused and Starwood quickly began a massive renovation project to turn the floors into office space and add a rooftop deck.

Ma Xianghui, head of the bureau of SMEs under the Ministry of Industry and Information Technology, said at a news briefing that the authority will ramp up efforts to encourage SMEs to tap into the global market and promote their brands, technologies, sales and services.

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Madrona Venture Group and Amazon.com are among the backers in a million round for Yieldex, a New York-based company that helps online publishers increase revenue by providing inventory analysis, forecasting and pricing. New investors in the round include?Triangle Peak Partners and Hearst Interactive Media, the digital arm of the New York publishing giant.

Ma said his decision didn't come as a whim or from pressure but was a result of 10 years' serious preparation. He thanked the company for taking the time to "find, nurture and support" the new leadership team.

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Maggie Xue, president for Oppo's western Europe business, said "We are proud of what has been realized so far (in Europe) and are convinced that this new organization will allow us to go even further in supporting our local offices and to roll out our development plans for an even stronger presence in Europe."