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"Coupled with the AWS China (Beijing) region, the second AWS China region will serve as the foundation for new cloud initiatives in China, especially in western China, helping to transform businesses, increase innovation and enhance the regional economy," said Andy Jassy, CEO of AWS.

"China's economy is expected to post steady growth in 2018 thanks to the continuing structural reforms, simplification of administrative procedures, and implementation of an innovation strategy, but potential risks in the economy should also be monitored," Yi said.

"Companies have the same possibilities of success as long as they really want to do it, and it does not have too much to do with the fact that they are startups or established," Yu said.

"Currently, Chinese companies are gaining a firm foothold in the high-end medical ultrasonic diagnostic instrument market, and accepted widely by users. The dominance by foreign enterprises results in high prices for the devices. The rise of domestics brands has brought prices down."

"Cutting capacity has (helped boost) steel demand," Chen said. "But without a strong need for steel, strict environmental protection policies cannot account for the price rise."