electronics

In addition to Ripple, Coinbase and the U.K. payments company Wise, other applicants for trust charters include Sony Bank, a Japanese commercial bank whose parent company is partially owned by the electronics and entertainment conglomerate.

"We have to grow strong on vehicles, on ammunition, we have to have our own satellite competencies. We do much more on the electronics and artificial intelligence... than ever before," he said.

"Nowadays, especially...electronics, photovoltaic generation, and batteries for all kinds of applications, including motorcycles and motor vehicles, come from China because they are truly very efficient."

Coco robots will fulfill select DashMart orders, which can include fresh groceries, cleaning products and electronics.

Last year’s high base is hard to beat due to a soft consumption environment, front-loaded spending on home appliances and electronics and dwindling government trade-in subsidies since September, they say.