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An uncertain global economic outlook accompanied by escalated trade tension could further drive investors' risk aversion and lead to a retreat of investment. [Photo/VCG]

And the automotive industry, a core industry in Europe, has made enormous profits and gained amazing opportunities in the Chinese market.

And that would mean the showdown with Apple is about to begin. With its customer base, e-commerce platform, cloud computing infrastructure, Kindle experience and existing catalogs of digital books, movies and television shows, Amazon has long been?viewed by analysts as one of the few companies with the potential to seriously challenge the iPad in the tablet market.

And the import-driven initiative isn't confined to Tmall Global. Imports will penetrate through its multiple online and offline commercial vehicles, from its iconic Hema Fresh Market to its newly acquired physical supermarket chain RT-Mart, Liu noted.

Analysts said natural gas has become China's fastest-growing fuel in recent years.