He noted these offline stores will adopt a "self-operated plus franchising" operation model, and will cover six major urban clusters in the Beijing-Tianjin-Hebei region, Yangtze River Delta, Pearl River Delta, Bohai Bay, central and south parts of Liaoning province, and Southwest China, serving emerging consumers in third- and fourth-tier cities.
He did not acknowledge the AWS outage that impacted a large swath of the internet last week. Given that Amazon was piping in canned crowd noise for the virtual event, there was no chance of heckling on that point — not that it would be likely from the normal audience of AWS partners and customers anyway.
He expects the torrential rain will draw to an end next Thursday, while advising the public to keep alert to possible flooding, waterlogging and avoid visits to mountainous areas over the next few days.
He noted that Facebook was now limiting apps from getting users' data when they sign in, and it was looking into "every single app" that had access to large data sets.
He further noted that BRICS has played its role in global affairs by establishing many multilateral institutions, including the New Development Bank. He said the BRICS have demonstrated the will of emerging economies to assume greater responsibilities in global financial governance, although their power of discourse remains limited as the BRICS countries together hold only 13 percent and less than 15 percent of the voting rights in the World Bank and the International Monetary Fund, respectively.
He encouraged everybody to be vaccinated.
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He highlighted the importance of rooting brand consciousness deeply in the heart of every employee of a company, and to have brand awareness penetrate each segment of a value chain.
He noted that as the most populous nation, China's success in eliminating absolute poverty domestically will inject confidence into the poverty reduction cause that's underway in other developing countries.
He noted that the number of conglomerates that "destroy value" tends to increase, referring to those that achieved profit growth but witnessed negative total shareholder returns.
He insisted that the military alliance did not want to "create new adversaries".