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Anyone even vaguely familiar with Amazon will understand the power of that simple statement, six words that could alter the course of philanthropy. It also signals that Bezos — known for his long-term problem solving and unconventional experimentation — is taking a big-time cue from Amazon.

Another edge for Biden

Another report by World Economic Forum said that China's innovation-friendly atmosphere and not consumer-focused traditional finance sector boosted such a remarkable development.

Announced by Chinese President Xi Jinping in 2013, the 'Belt and Road Initiative' aims to build a trans Euro-Asia economic belt stretching from China to the Horn of Africa. Since the trade network was announced significant strides have been made to connect trade opportunities including a freight train from London to Yiwu, China, and an electric railway connecting Ethiopia and Djibouti. More is planned, not only boosting trade, but bringing much-needed ICT and sustainable technologies, which could contribute to capacity building in the most vulnerable countries.

Anxi began applying to be designated as the world craft city for rattan iron crafts in 2015, and the title was initially recognized by the WCC in August last year. After the assessing group visited companies, schools and workshops involved in the rattan iron sector in May, the WCC confirmed the title via a formal letter on June 14.