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Angel Saz-Carranza, director of the ESADE Center for Global Economy and Geopolitics, said the growing threat of protectionism in recent times has made open and collaborative China-EU relations more important. He urged the two governments to work on establishing further clarity in investment rules.

Andy Jassy, AWS CEO, speaking via webcast this morning.

And some recent comments made by presidential hopeful Mitt Romney certainly provided a chuckle.

Ang Tshering Sherpa, the former head of the Nepal Mountaineering Association, said China recently backed down on its height claim and decided to recognize Nepali measurement of 8,848 meters, New York Times reported on Feb 3.

Analysts said the 14th Five-Year Plan is also likely to stress the need to rectify the imbalance between the urban and rural economies, improve regional disparities and create several mega-clusters of cities in order to build a stronger and more resilient Chinese economy.