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Data from the General Administration of Customs showed that Chinese companies invested billion in overseas economic and trade cooperation zones in BRI related countries, and about 4,500 Chinese companies have established operations in the zones. And they have paid .8 billion as taxes and fees to local governments and created more than 300,000 jobs for locals.

Data from the China Association of Automobile Manufacturers showed that total sales of NEVs in China went down 4.7 percent year-on-year in July, the first decrease in nearly two years.

Data released by the China Meteorological Administration, China's weather authority, showed China has just experienced the hottest July since 1961, with the national average temperature reaching 23.2 C, higher than the 21.9 C national July average in recent decades.

Darren Tay, an Asia risk analyst with Fitch Solutions, said: "It is difficult to ascertain which countries are already benefiting from the trade war."

DHL Supply Chain and Huawei Technologies jointly launched a Narrowband Internet of Things, or NB-IoT, application for improving logistics at manufacturing sites on Wednesday at an automotive site in Liuzhou, Guangxi Zhuang autonomous region.