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Dong said it is first time Chinese shipyards have topped their South Korean counterparts in the high-value-added mega-containership sector, and the shipbuilding industry as a whole. With the high-profile order of the world largest container vessels falling into Chinese companies' pocket, the South Korean competitors will definitely feel the pain, he said.

Drivers charge their electric cars at a public charging station in Beijing. [Photo Provided to China Daily]

During Sohu's second fiscal quarter briefing held on Monday, the Nasdaq-listed company's CEO Zhang Chaoyang said that most US-listed Chinese companies are audited by world leading firms such as PwC and Deloitte. The jointly-held auditing firms in China are as capable as their parent companies, especially when dealing with fiscal data, he said.

Due to these measures, the clearance time for entry commodities had been cut down to 2.73 hours, a fall of 89.7 percent, and for the exit down 68.6 percent to 0.14 hour. It has also helped reduce costs for customs clearance from trade companies.

Driven by this huge demand, US-based tech multinational Dell Technologies Inc said it is betting big on enterprise-level businesses incorporating cloud services into their growth plans in China.