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As new technologies cascade through markets, less productive business models will cede ground to more innovative ones which are streamlining business processes and optimizing supply and demand, he told a packed audience at a digital economy conference on Thursday.

As overall usage of AWS increase, the company is able to cut prices at a fairly steady clip. It most recently cut prices in November, and the cuts don’t seem to have affected the division’s bottom line: AWS operating income has increased sharply year-over-year during the last two quarters.

As leaders of the Asia-Pacific, we share a common responsibility to chart the long-term development course for APEC and draw up a post-2020 vision. We should follow the underlying trend of economic globalization and prevail over difficulties as they arise. We should remain committed to our goal of economic integration in the region and work toward the direction of an open global economy. We should keep the momentum of Asia-Pacific cooperation and steadily bring it to a higher level.

As of 2:00 p.m. Tuesday, 41 aftershocks, all below 3.0-magnitude, were monitored in the region.

As of 9 pm Wednesday, five other candidates — Lee On-kau, Sham Tse-kit, Claudia Mo Man-ching, Kalvin Ho Kai-ming and Sunny Cheung Kwan-yang— had also registered to run in the Kowloon West geographical constituency in the Sept 6 LegCo election.