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I followed up with Pachter, who explained some of his math. He crunched numbers from Amazon’s reported “subscription revenue,” which, according to its most recent earnings release, totaled billion over the last four quarters. That segment includes “annual and monthly fees associated with Amazon Prime membership, as well as audiobook, e-book, digital video, digital music, and other subscription services,” according to Amazon.

Huang's comments follow China's industrial output surging 5.8 percent year-on-year in September, 1.4 percentage points higher than in August, despite third-quarter GDP growth dipping to 6 percent from 6.2 percent in the second quarter.

Huang said policymakers should consider appropriate countercyclical measures to maintain social stability, like subsidies for the low-income people and the unemployed, and increase demand for, and revenue from, products and services of the SMEs.

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Huang, who had been a singer, started business in a 6-square-meter clothing shop at a wholesale market in Beijing, together with her husband, in 2003. They later moved to Xi'an and eventually opened seven shops, thanks to their strong sense of fashion trends.

Hulun Lake plays an important role in the ecological security of the grasslands in North China. But years of drought and excessive human activity since 2002 have led to shrinking of the lake and surrounding wetlands and a decline in the wildlife population.

Huang Yuhong, deputy head of the China Mobile Research Institute, said China Mobile has played a big part in completing the standards by leading the global 5G System Architecture project, which determines the structure of 5G networks.

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Huawei's activities in the United Kingdom are continuing as usual, despite recent media hype that claimed the company's equipment had triggered security concerns, a Huawei spokeswoman told China Daily on Thursday.

Huang says although we have entered the era of globalization, the image of China portrayed by foreign news, books, movies and music is a far cry from the real China. Her team wants to change it, so they came up with the idea of inviting international youth to observe China from their own perspective with their own lens.

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Hyundai is one of the most competitive carmakers in terms of fuel cell vehicles, with its research and development efforts starting in 1998. Its iX35 SUV was the first mass-produced fuel cell vehicle when it rolled off the assembly line in 2013.

Huawei Technologies is forecast to record 8.5 billion in sales in 2018, marking a year-on-year growth of 21 percent, the company said on Thursday.