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Amid growing measures by Chinese authorities to fight the COVID-19 outbreak, headway is also being made in coping with the economic impact of the virus nationwide, with the country confident of revitalizing its economy as it faces challenges ahead, according to a major policy report.

Among the 20,000 urban bank depositors surveyed in 50 cities across China, 45.7 percent responded with a willingness toward more savings in Q4, 1.2 percentage points up from the previous quarter, according to a survey conducted by the People's Bank of China.

Amazon’s announcement?confirms a report by The Information news site last month.

Among other things, the force will be responsible for a range of space-based US military capabilities, which include everything from satellites enabling the Global Positioning System (GPS) to sensors that help track missile launches.

Amitendu Palit, senior research fellow and research lead on trade and economic policy at the Institute of South Asian Studies in the National University of Singapore, said that given the scope and the number of countries involved, the BRI has the potential to establish a new global economic center of gravity in the region with its huge cross-border physical and digital infrastructure projects.