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Amid instability and uncertainty in the world, China has the confidence and competence to realize a continuous high-quality economic development, injecting constant confidence and growth to the global economy, the People's Daily said on Monday.

American stocks regained some of the ground surrendered on Monday that was inspired by uncertainty over trade policy. Investors, however, remain concerned that trade tensions between the US and China and the European Union could weigh down the world economy.

Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced, Maury Obstfeld, director of the IMF Research Department, said on Monday.

Among Hainan's total investments in the first half year, the proportion of investments in the real estate sector dropped 1.1 percentage points while that from the private sector rose 2.5 percentage points, indicating upward confidence for the market.

Amazon’s other grocery-related initiatives includes its growing footprint of Amazon Go stores that feature cashier-less technology; the company is now selling that tech to other businesses. Amazon is also preparing to open its own grocery store in Woodland Hills, Calif., which is currently being used to fulfill delivery orders. And the company recently unveiled its first smart grocery cart earlier this month.