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Anthony Neoh, director of the South China International Arbitration Center (HK), said either party to an arbitration can choose Hong Kong as the place of arbitration where local courts can enforce the results.

Another example of Amazon’s brick-and-mortar strategy is the company’s plan to open drive-up grocery stores. GeekWire reported last month?that?a 9,759-square-foot?retail space where customers can pick up groceries that they’ve ordered online is set to open in Seattle, in what the company?calls “a new model of grocery shopping.”

Apart from providing an opportunity for enterprises across the world to enter the huge Chinese market, D'Andrea said the CIIE has been regarded as a great moment to announce new measures of reform and opening-up.

Another recent aerial picture showing Amazon’s new campus blocks in various stages of development. (Graphic Design Group Photo)

Animated discussions broke out on social media between regulators, professionals and experts in the financial industry about the development in China of blockchain, a digital ledger system that uses sophisticated cryptographic techniques to create a permanent, unchangeable and transparent record of exchanges to trace transactions.