Big news! Amazon is mass-producing face masks! Prices to be announced later!

Recently, Forbes released the 2020 list of the world's top 2000 public companies. Walmart surpassed Amazon and regained the title of the world's largest retailer.

In the list, Walmart rose 10 places to 19th place based on the comprehensive score of revenue, profit, assets and market value, while Amazon rose 6 places to 22nd place. Alibaba rose 28 places to 31st place.

Among the retailers on the list, Walmart and Amazon also ranked first and second, followed by Alibaba in third place, making it the third largest retailer in the world.

Amazon is reportedly using engineering tools and expertise borrowed from its drone division to mass-produce face shields for health care workers, the latest reorganization of its resources to fight the coronavirus pandemic.

Amazon said it would sell the masks on its website at cost starting in the "coming weeks," with specific prices to be announced separately. The masks are being made at Amazon's drone engineering facility in Washington state and by contract manufacturers elsewhere. Amazon did not say how many masks it plans to make.

According to foreign media reports, an Amazon executive called on Congress to enact federal price gouging laws so that the United States can more effectively combat the unfair pricing practices of masks and disinfectants seen on Amazon's website during the epidemic.

Brian Huseman, Amazon's vice president of public policy, said the company "stands ready" to work with officials on comprehensive price gouging legislation that would help "protect consumers" from bad actors seeking to profit from the coronavirus outbreak and any other future national crises. Currently, about two-thirds of states have price gouging laws.

Huseman also said that while each state is unique and has the ability to enact separate legislation to pry open incentives and remedies for price gouging, a federal price gouging law will ensure there are no gaps in consumer protection. It will also help retailers like Amazon more effectively prevent bad behavior and ensure fair prices.

Amazon recently launched the "Amazon Pay Later" service, which will be available to "hundreds of thousands" of eligible customers who will be able to receive instant credit of up to 20,000 Indian rupees (about $264).

Customers can use the credit to purchase daily necessities, electronics, clothing and other products, and can also use it to pay bills on Amazon. It is reported that the service will be launched this weekend.

On the morning of May 15, BYD held a cloud certification ceremony for EU CE certification for export in Beijing and Shenzhen. Currently, BYD's medical masks have been registered with the US FDA, and some models have passed relevant certifications in countries and regions such as Australia.

On May 13, at the invitation of the Training Center of the Ministry of Commerce, Chongqing Customs sent personnel to give online lectures on the topic of "Practical Practices and Cases of High-quality and Efficient Export of Epidemic Prevention Materials" to commerce departments (bureaus), industrial parks, industry associations and chambers of commerce, and foreign trade companies in many places. The lectures covered topics such as the injection of epidemic prevention materials into foreign markets, "benchmark production" by production companies, "selection of the best goods" by trading companies, "customs clearance compliance" for exports, and "illegal warnings" for quality and safety.