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And Facebook, which completed its spectacular IPO last week, saw its brand value increase 74 percent to finish right behind Amazon at .2 billion. It was the biggest gainer in the list.

Analysts believed the move, which will take effect on Oct 15, is meant to further fuel the country's real economy and fend off potential risks brought about by global trade uncertainties and downward pressure. The RRR cut will inject 1.2 trillion yuan (4.7 billion) of commercial bank deposits from the central bank to the banking system, according to a statement on the People's Bank of China website.

And just as Amazon forced competitors to offer their own free 2-day shipping promise, RBC thinks history will repeat itself with one-day shipping. The firm predicts that “once Amazon builds an even greater loyal user base with free one-day delivery, the industry may have to follow, again.”

Analysts said Technologies like big data and artificial intelligence should underpin the development of instant delivery; meanwhile, government should improve laws and regulations to bring more order into the industry.

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.