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As an important energy base in China, Shanxi not only has a good foothold in equipment manufacturing, transportation facilities and energy materials, but also has the "late-mover advantage" of new energy technology going global, said Li Guorong, an official with the provincial department of commerce.

As a business segment, specialty packaging has spawned a few iconic firms, and is fast evolving into an exacting science, boosting sales of luxury goods - cosmetics, fragrances, confectionery, gourmet food and drinks, watches, jewellery, premium alcoholic drinks, tobacco - in China. It is also promising to attract big investments, thus helping deepen the ongoing consumption upgrade in the country.

As advertisers in China are looking for mobile-first environment, which echoes to what Taboola is doing, Singolda believes China can be a crucial part of Taboola's journey since the company is "so well invested in deep learning and AI."

As an efficient and green energy source, imported LNG ensures the supply for winter heating and new energy vehicles like LNG buses in northern China.

As a powerhouse in the manufacturing industry, China not only has cost advantages, but can also supply a mass high-quality labor force, which brings aggregation advantages to the upstream and downstream of the industrial chain, Yang said.