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As of March last year, the company had established a presence in 600 counties, covering 30,000 villages in 29 provinces or provincial-level regions.

As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores. It said the stores will close in phases throughout the Chapter 11 process and details of the first phase will be disclosed in the coming weeks. Penney is the biggest retailer to file for bankruptcy reorganization since the pandemic and joins luxury department store chain Neiman Marcus, J.Crew and Stage Stores. Plenty of other retailers are expected to follow as business shutdowns across the country have evaporated sales. In fact, U.S. retail sales tumbled by a record 16.4% from March to April.

As part of the restructuring, Emirates placed a new order for 40 A330-900neo jets and 30 A350-900 aircraft, partially restoring a purchase of A350 aircraft which it cancelled in 2014.

As many as 13 of the 24 categories increased in value, with entertainment seeing the largest year-on-year growth of 186 percent, followed by education (57 percent) and retail (55 percent). Technology accounted for the most brands in the Top 100 (11), contributing 26 percent of the ranking's total value and dominating the top 10 leaders in terms of overseas presence with six brands – double the number last year.

As of Feb 22, Xinjiang had registered 76 confirmed cases of novel coronavirus pneumonia, of which two died and 25 have been cured. There have been no new cases of in Xinjiang for the fourth day in a row.