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Grid capacity has developed substantially over the past few years. However, a less flexible power supply makes it challenging for the grid to absorb more renewable power, Jiang said.

Goals and benefits of Hainan's free trade port:

Gong Jiaqin, co-founder and vice president of Xag Co Ltd, said the company had registered some of its patents with cutting-edge technologies in overseas markets, to avoid any negative impact from the trade friction.

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Gong is just one among the growing groups of young consumers with increasing spending power in China, which explains the big success of Taiwan singer-songwriter Jay Chou's newly released digital album.

Government support would mean that quality standards and norms can be established for the home services industry, she said, while companies engaged in the sector also need support in providing housing and social security for workers.

Greece was accepted as a new member to the former 16+1 China-CEEC cooperation platform at the eighth meeting of the bloc in Dubrovnik, Croatia earlier in April. All 17 participants of the platform have joined the BRI cooperation.

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Greg Foran, the President and CEO of Walmart’s U.S. division, said the directive he handed down to store managers was meant to officially codify the company’s plans for matching online prices. In many cases, store managers were already doing so, but this decision makes it official.

Government blockades may have some impact on the expansion of the digital economy for a while, but won't take effect for a long time, as seen from the response of the capital market. Whether it is Amazon, Microsoft, Tesla, Netflix, China's Tencent, Alibaba, and ByteDance, their valuations have been constantly hitting new highs, and their overseas market shares increased rapidly.

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Gopinath said that "with trade tensions we would hope that both the US and China would find a way to quickly resolve their tensions, and at the same time, that both countries also work towards improving the rules-based multilateral trading system".

Going along with that thought, Bezos said innovators must also be willing to be misunderstood. It’s a “profoundly powerful tool,” said Bezos, and a philosophy that Amazon is built off.