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And then there’s Amazon’s unexpected bookstore venture. Surely bookselling, which couldn’t be a better fit for etail, doesn’t need to be fixed — isn’t that why Jeff Bezos started with this category in the first place?

Analysts believe the central bank would prefer mid- to long-term policy tools over reverse repos, which boost liquidity in the banking system within a short period of time, as it faces a major task in reducing costs of long-term financing.

An online customer-service staff member deals with trip cancelations at Ctrip during the Spring Festival holiday. [Photo provided to China Daily]

Analysts said Chinese oil and gas companies' participation show the growing interest of China, the world's top crude oil importer, in Brazil, and it is believed the presence of Chinese energy behemoths will further enhance in the future, as both countries are complimentary in resources, technology and capital.

And in March last year, 15 hospice pilot projects were set up by the Beijing government in accordance with central government guidelines.