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"Clearly, this is an aggressive move by Uber to take out a competitor and further consolidate its market position," Ives said in a research report. "Especially as the COVID-19 pandemic continues to shift more of a focus to deliveries vs. ride-sharing in the near term."

"Cross-border online shopping will be easier and faster. People will have access to cheaper foreign products after the establishment of the zone. And it is foreseeable that more foreign banks will establish themselves in the FTZ, enabling people to manage their money in diversified ways," he said.

"Currently, about 1,500 pilots who work for Chinese carriers are being trained abroad every year and we are looking to fulfill the demand for pilot training in the country," he said.

"Control of the disposable goods supply to hotel rooms is of great significance in reducing waste of resources. The practice will help consumers develop the sense and habit of using less disposable goods, for the good of the society and the environment," Wang said. 

"China's demand for aluminum flat-rolled products will increase from the current level of about 10 percent of the global automotive aluminum market to 25 percent by 2025," noted Pierre Labat, vice-president of global automotive, Novelis.