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Andy Jassy, senior vice president of Amazon Web Services, announces the Snowball service today.

And that's not a bad thing at all, said Zhao Shiyuan, a professor at Beijing Technology and Business University. "Past coverage of traditional events like the soccer World Cup and the Olympics reached a stage of stagnation and failed to attract the younger generation."

And taken on a state-by-state level, these?numbers can have a huge impact: many of those facilities were opened in states which had little to no Amazon presence before 2016.

Anhui, Zhejiang provinces have win-win arrangement in caring for Xin'an River

And with the recent development plan aiming to foster leading global companies, analysts expect M&A activities to quicken as China has a large number of companies, mostly small, in the business.