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"From a negotiation perspective, it's a powerful tool. From a market perspective, it leads to increased uncertainty. In the near-term, we would expect to see volatility in markets as they attempt to price in the net impact of tariffs," said Michael Olivia, a financial planner with Westpac Wealth Partners.

"Given the strategic importance of China to Standard Chartered, our eXellerator lab in Shanghai will play a crucial role in helping us proactively reinvent ourselves and the banking industry," he told China Daily in a recent interview.

"Forest and grassland fires happen frequently in the spring," said Cui Honghao, deputy head of the fire prevention and management department of the ministry.

"For portfolio investment, it will refer to the opening-up of the financial market. To that end, the domestic stock market and the debt market will be further opened up. Local residents will be able to realize their asset allocation in a wider area," he said.

"Hainan is building a free trade port as well as becoming an international tourism and consumption destination," said Wang Jiansheng, chairman of the Hainan Tourism Development Research Association. He said that under the new duty-free policies, duty-free shopping has become the biggest highlight of the destination.