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Amazon’s first home has a new owner.

American companies take a long-term view of the relationship and they generally have a positive view about the opportunities here in China, said Matthew Margulies, vice-president of the US-China Business Council China Operations, in Shanghai on Thursday.

Amazon’s Marketplace lets third-party business owners sell their products on Amazon, which also helps fulfill orders via its warehouses and shipping networks. Marketplace is one of the company’s three “pillars,” along with Amazon Prime and Amazon Web Services.?Many have?speculated about the company’s fourth pillar, which could be artificial intelligence, led by Amazon’s digital assistant Alexa.

Amazon’s quest to stamp out fraud on its online retail platform is getting a jolt as the tech giant today announced a new accelerator program designed to help sellers protect their creations.

Amity between people is the key to state-to-state relations, and mutual visits are essential to foster people-to-people bonds, Song said, adding that the soaring two-way tourism will better facilitate cultural exchanges and promote cooperation in a wider range of fields.