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As Amazon continues to loom over the retail industry, some of the biggest stores in the world are pouring money into online retail, shipping logistics and other new programs to evolve their businesses.

Apple CEO Tim Cook poses with the all-new iPhone 12 Pro at Apple Park in Cupertino, California, on Tuesday. [Photo/Agencies]

Approved by the Communist Party of China Central Committee, Wang Zhonglin, Party chief of Jinan, capital of Shandong province, was appointed as Party chief of Wuhan, Hubei province, center of the novel coronavirus pneumonia outbreak, Xinhua News Agency reported on Thursday.

Apple said on Thursday that it has complied with local laws and regulations, and that it published guidelines that apply equally to all developers in every country in which it operates. The company also said it would continue to expand the local developer relations team in China and was working hard to offer developers better services.

As China sealed a big-ticket free trade deal with partner countries this year, Liang Jun, president of the Guangdong Association of State-owned Capital which is based in Guangzhou, said Chinese companies must not only be aligned with the country's goals for the development of the domestic economy, but also pay close attention to global commercial trends.