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Analysts have forecast China could triple both its oil and liquefied natural gas imports from the United States this year, which could offer one solution to cutting the US trade gap and meeting China's energy demand.

And Wang knows a thing or two about bridges.

Analysts cited a variety of reasons for Wednesday’s sell off. Some blamed a potentially choppy earnings season ahead while others fretted about rising interest rates.

Angola will quicken its pace to improve investment and business environment, so as to guarantee the legitimate rights and interests of Chinese enterprises, the president said.

And statistics do bear the fact that the online paid knowledge market is on the cusp of a boom in China. Last year, the industry generated more than 4.9 billion yuan in economic output, up 300 percent year-on-year, according to a recent industry report from iResearch, a market consultancy firm.