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"China's long-term home rental market for foreigners is developing rapidly as an increasing number of foreigners choose to work or study in China due to the nation's economic rise," said Neil Wang, president of market consultancy Frost& Sullivan.

"China's smartphone market is declining because consumers are holding on to their phones for longer, operators like China Mobile have reduced their smartphone subsidies, and device makers such as Huawei have launched fewer 'wow' models to tempt shoppers back into retail stores. Some consumers are finding their smartphones 'good enough" and are pausing on upgrading," Neil Mawston, executive director at Boston-based Strategy Analytics, said in an email.

"Compared with State-owned enterprises and banks, new or small firms have more active cultures and less administrative tasks, so this means we get to learn more and climb the ranks faster," she said.

"China will continue to be the world's factory because nothing else comes even close," said Peter Sand, chief shipping analyst at industry trade body BIMCO, in a story by Wall Street Journal on May 1, citing China's "massive logistics ecosystem" as an indispensable advantage.

"China will continue to abide by WTO rules. We hope the United States respects and obeys WTO rules with practical actions, and safeguards the multilateral trading system with the WTO as its core," Hua said.