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The company's manufacturing base in China produces and exports glass. More such plants are likely to be set up in South America and elsewhere across the world in the years to come, according to senior company executives.

The company said the new plant covers an area of 64,000 square meters, with a total investment of 290 million yuan (.77 million). The facility is expected to be operational by the end of this year.

The company's robot can be installed on towers, such as telecommunications masts, to scan nearby forests. When it detects a fire, it can pinpoint the exact location and send the latitude and longitude coordinates to the police or fire department automatically. The device can cover a radius of up to 10 kilometers.

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The company noted the peak of train transport is expected to be registered on Oct 1 -- the first day of the National Day holiday, with 13 million passenger trips. The figure will hit a record high for daily railway passenger trips after the outbreak.

The company says it will ultimately employ as many as 50,000 people at its new campus, with average compensation of more than 0,000, with a capital outlay of more than billion to fully establish the new headquarters.

The company is promoting its products in the domestic market but faces challenges such as production costs that are higher than its Chinese competitors－because of its higher quality standards－and a lack of brand recognition in China, he said.

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The company's optimism on the Chinese market stems from the stock connect between the London and Shanghai bourses that was established last year. The Shanghai-London Stock Connect enables companies to float shares on both exchanges simultaneously via a depository receipt mechanism, a milestone in China's accelerated financial opening-up.

The company told merchants who sell on Amazon.com that any products claiming to treat the mysterious virus will be removed. The news comes as coronavirus cases continue to grow and the international health community struggles to get its arms around the problem.

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The company is also betting on improved performance. Toyota wants to push the driving range of the next Mirai to 700-750 kilometers from around 500 kilometers, and to hit 1,000 kilometers by 2025, a separate source said.

The company this morning announced its own virtual currency called Amazon Coins — jumping into the world of online credits by giving its customers a new way to buy apps, games and in-app items starting with its Kindle Fire tablet. The company says it will give consumers “tens of millions of dollars’ worth” of free Amazon Coins when it launches the virtual currency in May.