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Amid the battle against telecom fraud, the authority also launched crackdowns against burglaries and organized crime during this period to provide residents with a sense of security and to maintain social stability, a statement from the bureau added.

Amid mounting concerns about hefty pricing and valuations that prove hard to sustain, the new economy frenzy has fizzled out. Among the 19 Chinese mainland companies that raised a combined total of HK.1 billion in Hong Kong this year, nine firms traded below their offering prices on the first day of trading. As of Thursday, only five companies managed to stay above their offering prices.

Amazon’s standard Prime subscription rate is 9/year, which would translate into revenue of more than .8 billion, although the company offers discounted memberships for students and others. Amazon incurred .9 billion in shipping costs in the fourth quarter alone. The company doesn’t disclose the total amount it collects in Prime membership fees or separate shipping fees from customers, but historically its total costs have significantly exceeded what it collects.

Among the applications, more than 100,000 were for invention patents, which increased around 17 percent from a year earlier, said Pan Xinsheng, spokesperson of the Beijing intellectual property bureau Wednesday.

Among the national models are 136 villages with gross domestic product above 100 million yuan (.3 million) and 91 towns with GDP of more than 1 billion yuan each, said Shao Jiancheng, deputy director of the ministry's rural industry development department.