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Amazon’s stock surpassed 0 this morning, marking a 60 percent growth in 2013 alone.

Amazon’s new presence in Bellevue represents a big win for the city, which was reeling in recent from several un-leased office projects under construction and the?impending departure of Expedia to Seattle. Amazon joins a growing list of companies setting up shop both in Seattle and somewhere on the east side of Lake Washington — that includes Google, Tableau Software and others — to access talent around the region as commuting between Seattle and Bellevue becomes increasingly more difficult.

Amid concerns of a further global slowdown, experts expect a stable Chinese economy to contribute to the world's economic growth.

Among them, 111 SOEs, mainly from the non-ferrous metal, chemical, coal and transportation sectors, saw net profit growth of more than 100 percent. Meanwhile, 26 firms suffered losses, down from 40 in 2016.

American teacher Joan Grabowski, who joined VIPKID in March, told Xinhua at the conference that she got interested in Chinese culture and history through lessons provided by the company.