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Analysts attributed the growing technical strength of the firms to higher research input. Data from annual reports showed that the combined research and development (R&D) expenditure of the firms totaled 59.91 billion yuan (.8 billion) in 2018, up 15.69 percent year-on-year.

Andrew McAfee, best-selling author and co-founder of the Massachusetts Institute of Technology's Initiative on the Digital Economy, said developments in data, algorithms, networks, cloud, and digital hardware have unleashed a wave of innovation that is "rewriting the business playbook" at the Intel Shift 2017 event in New York on Tuesday. Paul Welitzkin/China Daily

And here are a few of the companies that are ready to move on from a tough year and start fresh in 2020:

Analysts said Washington is unlikely to score a major victory during the tour when shifting blame to China, as its Asia-Pacific allies and partners are showing prudence and avoiding taking sides between the two top economies in the world.

And there are indications that China's employment situation has not only remained stable but has actually improved over time. The new data suggests urban unemployment decreased by between 0.1 and 0.4 percent between the first quarter of 2017 and the first quarter of 2018.