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And in May, China National Offshore Oil Corp and Shell Nanhai BV officially kicked off production of their second ethylene cracker plant at their Nanhai petrochemicals complex in Daya Bay in Huizhou.

Analysts said that the current policy of increasing infrastructure investment may keep the country's economic growth from continuing to fall, but it will not be adequate to raise growth. They said if the country's economic growth continues to weaken, China may further cut taxes and lower interest rates to boost manufacturing and consumption.

And local trade experts said Guangdong's trade with Greece will witness even faster development in the coming months after Chinese President Xi Jinping paid a state visit to Greece this month.

And then there’s Amazon. When the Seattle company?unveiled its Fire smartphone last week, it set off a wave of speculation about what that phone will do to the Android ecosystem. The Fire runs a forked version of Google’s open-source operating system, and doesn’t include Google Play Services. That’s because Google refuses to license its services for manufacturers like Amazon that choose to fork Android.

Analysts said this a reflection of the overall weakening economy, but profit growth of those firms may gradually pick up starting from the second quarter as the country's supportive policies take effect.