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Amazon’s other huge announcement this quarter, the plan to build a second North American headquarters, will bring another 50,000 jobs to the winning bidder. The announcement solicited 238 bids from cities across the continent, but HQ2’s potential employment represents less than 10 percent of today’s total workforce, and who knows how many people Amazon will employ when it starts building HQ2 in 2019 or when it finishes up eight to 10 years later.

Amid downward pressure, monetary policy will focus more on maintaining stable economic growth, which needs to balance deleveraging with credit policies. "The Chinese economy will continue to demonstrate strong resilience and the government has enough policy tools ... to maintain stable growth momentum," Pan said.

Amazon’s growth into a global tech giant has also made the meeting an annual destination for groups seeking to hold the company accountable on issues including labor, the environment, artificial intelligence and product safety.

Amirah Kaca Sumarto, vice-chair of the young leaders' sisterhood of Indonesia's Golkar Party, said that China has managed to formulate its own system that suits its history, culture and people, and it has proved to be effective. "China is a different kind of role model compared with Western countries."

Among the European carmakers, Mercedes-Benz in Stuttgart, Germany, signaled China's importance after it debuted its new electric vehicle — the EQC 400 — in the country.