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So far Trump has not taken aggressive actions toward China despite his tough talk during and after the campaign. Paal said that, as a former businessman, Trump may try to hold talks first to "start the tone and certainly trust" before getting to the hard issues.

So far, a total of 710 multinational companies have set up their regional headquarters in Shanghai while another 453 firms have built their R&D centers in the city, the Shanghai Municipal Commission of Commerce said.

So, why do this new structure? “It is to infuse IP and know-how — in other words you have the people who run a service closer to the VMware people who are building infrastructure for services. And it is that cross-pollination, so what VMware builds is more service-ready and can accelerate the kinds of products and services they want to deliver.”

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So far, agreements have been reached with most of the countries and cooperative missions have been conducted in some areas.

Skyworth has been producing OLED TVs in partnership with South Korea's largest panel maker LG Display since 2013. Statistics from AVC showed sales of Skyworth OLED TV accounted for 46 percent of total OLED sales in the Chinese market in 2017, followed by LG (16 percent) and Sony (14.9 percent).

Small and medium-sized enterprises are a fundamental and crucial part of China's real economy, and these measures are aimed at ensuring these businesses can cope with and survive these challenging times, MYbank said.

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Skipping reverse repo operations, part of the PBOC's efforts to deleverage, indicated the central bank has the confidence and capability to keep market liquidity at a stable level, said Wen Bin, a researcher with China Minsheng Bank.

Smoke is illuminated by the Whittier wildfire near Santa Ynez, California, US, July 8, 2017. [Photo/Agencies]

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So far, about half of listed companies on the country's two major exchanges have reported their 2017 performance, and some 72 percent of them saw year-on-year net profit gains, according to the Economic Information Daily.

Sino-German joint venture FAW-Volkswagen resumed production last Monday at its four plants across the country.