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As a branch of the Kunming International Flora Auction Trading Center, which is located in Kunming, Yunnan province, the new center encompasses an area of more than 20,000 square meters. It can provide 128 trading booths, where the scale of transactions can reach a maximum of 2.5 million flowers every day. Annual turnover is expected to reach 350 million yuan (.2 million).

As digitalization, uncertainties in supply chains, government stimulus policies and changes in consumer behaviors are brewing new business opportunities, the CSR sector has a greater chance of becoming a major business sector in the future, Jan Noterdaeme, co-founder and senior advisor of CSR Europe, said during the forum.

As a latecomer to the June 18 festival, Alibaba prolonged its promotions from a 24-hour extravaganza (in the style of Singles Day) to a 20-day campaign. The company said it has earmarked "tens of billions of yuan" to subsidize purchases of 10,000 brands from home and abroad.

As an inalienable part of China, the HKSAR is a local administrative region that enjoys a high degree of autonomy and comes directly under the central government, the spokesperson said.

As far as future plans with Twitch, Bezos noted that “we look forward to learning from them and helping them move even faster to build new services for the gaming community.”