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As Wahaha has calculated, the total fees it paid in Zhejiang in 2017 significantly dropped by 64 percent from a year earlier to 13 million yuan (.1 million). The items of these fees were also reduced to 152 from 172 in 2016.

As for Tencent, its social media app WeChat attracts an amazing 962 million people on a monthly basis.

As demonstrated by its rapid market growth, China is taking the lead in developing the industry, ahead of Germany, France, Italy, the United States, Japan and South Korea. Stricter emission regulations in major Chinese cities are injecting new impetus into the e-mobility sector.

As a subsidiary of TV marker TCL Corp, Shenzhen-based CSOT said nearly 1.16 million square meters of AMOLED smartphone panels will be produced annually after the project goes into full production, which will satisfy about 5 percent of the total global demand of the AMOLED smartphone panel industry.

As for the twin ports of Los Angeles and Long Beach, they saw an increase in traffic this year, Gaurav Purohit, a Moody's analyst, told the Bond Buyer. But he said steel represents less than 2 percent of the revenues at those ports, so less impact is anticipated from the steel tariffs.