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Cohen also mentioned the Thucydides trap – "We're all looking at how do you manage a rising power coming into a competition and potentially conflict with the existing power."

Combining the leading online retail company with a respected grocer is bad news for competitors such as Walmart, Kroger and Target. Ladd, who also worked on supply chain, logistics and delivery during his three years at Amazon and is now a strategy and supply chain consultant in the grocery industry, predicts Amazon will rapidly gain market share against these companies over the next few years.

Combined profits of industrial firms with annual revenue of more than 20 million yuan (about .9 million) amounted to 2.98 trillion yuan in the first six months, while their revenue rose 4.7 percent to 50.9 trillion yuan during the period.

Companies listed on the Shanghai Stock Exchange saw 11-percent growth in revenue last year while those on the Shenzhen Stock Exchange saw a 13.33-percent increase with a compound annual growth rate of 18.85 percent in past three years.

Compared to traditional fossile fuels, Hydrogen is been considered as clean and promising vehicle fuel. Hydrogen fuel cell vehicles, powered by electricity generated by compressed hydrogen fed into fuel cells, has zero greenhouse gas emissions as it produces only water, electricity and heat. However, it still has to overcome several challenges, including cost and infrastructure.