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Analysts pointed to the culture of innovation to continue to drive its growth but challenges remain.

Analysts say new policies will continue to broaden financial channels for small and private companies this year, as policymakers look to balance responsible lending with the need to guide adequate funds into dynamic parts of the real economy.

And finally, Amazon makes it clear that its revenue and profit projections are unproven estimates. The company says the numbers are informed by its experience working with similar delivery companies, plus additional research, but says that actual results will vary.

And he said: "Both sides need to be pragmatic and realistic and adopt a give-and-take approach. Only in this way, can we get over the thorny issues and reach an agreement."

Analysts believe the planned energy merger could well herald a new round of mergers among SOEs across industries.