The establishment of the court is expected to improve the nation's judicial capability and better prevent financial risks, according to the legislature.
The earthquake triggers a tsunami warning for areas within 200 miles (300 kilometers) of the epicenter.
The event highlighted the beauty brand's growing success in attracting young Chinese consumers on Tmall, as well as the e-commerce giant's success in eliminating counterfeit products on its platform.
The emerging industries are gaining momentum and ushering in new opportunities as the revenue of 485 enterprises engaged in the digital economy sector in the zone accounted for 84.1 percent of its service enterprises in the zone above a designated size from January to May, said Hu Shimeng, director of the Statistics Center at the East Lake High-Tech Development Zone.
The epicenter, with a depth of 570 km, was monitored at about 18.08 degrees south latitude and 178.06 degrees west longitude, the center said in a statement.
The epidemic could also be the straw to break the back of the catering businesses, which have been squeezed hard by rising raw material costs and razor-thin profits throughout 2019.
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The enhanced policies will also "propel different e-commerce players to really build up their respective strengths and tighten their grip on resource integration from procurement, logistics, customs and sales ... to provide genuine end-to-end quality services", said Cao Lei, director of the China E-Commerce Research Center.
The donation follows an announcement on Sunday by Alibaba that it has set up a special fund of 1 billion yuan for medical supplies. The fund will be used to purchase medical equipment and medicine from home and abroad, and delivered to Wuhan, Hubei province, where the outbreak is most severe.
The draft resolution is in the interest of all parties, the envoy added.
The economic impact goes well beyond university campuses, with roughly 57 percent, or 21.4 billion Australian dollars (.5 billion), of annual revenue from international education, coming from goods and services spent in the wider economy.