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The company expects to open approximately about 100 unmanned stores this year alone, and is also eyeing opening its first overseas store.

The company announced its 2025 Sustainability Goals earlier this year, seeking long-term sustainable growth in areas including smart agriculture, water stewardship, circular packaging and climate action.

The companies also reported healthier balance sheets. The average collection period for accounts receivable decreased from 38.1 days a year earlier to 37.1 days by the end of July.

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The coast chief practice is regarded as an extension of river chiefs, which are being rolled out across the country after a successful trial in Jiangsu Province.

The company also is looking to use drones, driverless cars and robots to accelerate the delivery process.

The company has faced an 80 percent decrease in sales in comparison to the same period in 2019. Local government has waived and cut some of its tax fees between January and August.

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The comments came after the Trump administration imposed 25 percent tariffs on billion worth of Chinese products effective on Friday. In response, China has imposed similar tariffs on goods imported from the US.

The company announced on Wednesday night that its board of directors has authorized a share repurchase program, under which the company may repurchase up to billion of its shares over the next 12 months. The program covers about 3.5 percent of JD's market capitalization.

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The coal mine will shut down within two years, and so too will the 11 steam locomotives. The train drivers are counting the days.

The company also joined hands with Chinese healthcare marketing firm SocialMED to form a digital medical sales representative operating center in a bid to reach pharmacies, physicians, and patients in a much more efficient way with lower costs.