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Amina Mohammed (right), cabinet secretary in Kenya's Ministry of Education, Science and Technology and Bai Chunli (left), president of the Chinese Academy of Sciences display the signed document on Dec 13, 2018 in Nairobi, Kenya. [Photo provided to China Daily]

Amid a sharp contraction in global cross-border capital flows in recent years, the proportion of China's FDI in the global FDI increased from 6.6 percent in 2015 to 9.2 percent in 2019, and is expected to rise this year, it added.

Amid the scorching heat in the northwestern Chinese city of Xi'an, construction of 12,000 square meters of rubber tracks is in full swing in the Olympic Center Stadium, which will host the opening ceremony and track and field competitions of the 14th National Games in 2021. To make sure every piece of pavement is properly installed, Ferella gets down on his knees together with the local workers.

Amazon’s overall shipping costs have ballooned in recent years as the company aims to speed up delivery, both with products purchased on Amazon.com and via Prime Now, such as Whole Foods orders. During Q3, Amazon spent a whopping .6 billion globally on shipping, up 46 percent year-over-year. It’s a safe bet that shipping costs will eclipse billion this holiday quarter, adding to what could be more than billion spent on shipping over 2019.

Amazon’s standard Prime subscription rate is 9/year, which would translate into revenue of more than .8 billion, although the company offers discounted memberships for students and others. Amazon incurred .9 billion in shipping costs in the fourth quarter alone. The company doesn’t disclose the total amount it collects in Prime membership fees or separate shipping fees from customers, but historically its total costs have significantly exceeded what it collects.