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And comments today from Amazon seem to indicate that the company is more than happy keeping AWS in the fold.

Analysts said the index, along with the renewed expansion momentum of China's manufacturing sector last month, signaled improvement in the economic situation, though policies to cushion downside pressure are still needed amid intensified trade friction between China and the United States.

Analysts also cautioned that some factors like adverse developments in the China-US trade imbroglio, and a slower-than-expected recovery of the Chinese economy could dim the prospects of the yuan in the short term.

An open world economy and steady global growth cannot be achieved without innovation. As the new round of technological revolution and industrial transformation is gaining momentum, we have seen constant breakthroughs in technology frontiers such as big data, cloud computing, the Internet of Things and artificial intelligence. Sophisticated industrial chain cooperation that defies national borders has become the prevailing trend. China would like to work with all interested partners in Asia and Europe to promote cooperation in scientific and technological innovation and the new economy, including in digital economy, smart cities, intelligent connected vehicles and other areas. Next year, China will hold a high-level dialogue on innovation-driven development. We look forward to your active participation and joint contribution to an open and innovative world.

An urban air mobility project is expected to make the Chinese innovation hub, renowned for its so-called Shenzhen speed, even faster.