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Amazon’s rise is due in part to its investment in original content. Award-winning shows like “Transparent,” “Man in the High Castle,” and “Mozart in the Jungle” have helped Amazon Video quickly become a competitor in the video streaming space. The model was pioneered by Netflix, with original series like “House of Cards” and “Orange is the New Black.” Amazon said it planned to double spending on original shows in the second half of this year compared to the same period last year.

Amid a workout boom that notably swept China's middle-income earners, sales of women-tailored boxing gloves soared 75 percent year-on-year, while 5.8 million women ordered fitness equipment throughout the year.

Amazon’s response:?Amazon clapped back in a tweet, saying “we don’t use individual sellers’ data to launch private label products” and contending that “Walmart is much larger; Amazon is less than 4% of U.S. retail.”

Among 71 countries covered in the report, including 63 nations involved in the BRI and 8 Portuguese-speaking countries, Indonesia, Malaysia, and the Philippines took the top three places in the index. Meanwhile, the Central and Eastern European region, with a score of 103, ranked at the bottom among the seven regions covered in the report.

Among the 500 firms, 431 reported R&D data. Their combined R&D spending totaled 1.08 trillion yuan (8.2 billion), with the proportion of R&D expenditure to operating revenue rising to a historical high of 1.61 percent.