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And at least 0 billion of that comes from trade with China. In addition, China accounts for 69 percent of all imported goods and 39 percent of exports at Long Beach, says Peterson.

Analysts believe this year will be a key one for China's nuclear power sector, and decades of science and technology investment will make China a world leader in the category.

And local electronics makers are experimenting with new sales campaigns such as partnering with food delivery companies and livestreaming platform operators in hopes of hitching a ride on the consumption revival bandwagon.

And in case there was any doubt about this company’s ambitions, Expedia this year bought Travelocity, Orbitz and HomeAway for a combined total of more than .7 billion.

Analysts said although China suffers from a foreign exchange sales deficit, it is not worrisome. "The SAFE (ad¬ministration) data show the situation is improving, and so long as it is controllable, we should not worry about the deficit," said Dong Yuping, an economist at the Chinese Academy of Social Sciences.