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Analysts said the shift indicated that China will lean toward monetary tightening should they need to curb any asset bubbles or mitigate financial risks.

Analysts pointed out the latest development also reflected a broader trend where companies globally all started to realize that any behavior obstructing fair and free trade will hurt their interests in the end.

Andrea Turco, RINA's senior director for the Asia-Pacific region, said the global economic slowdown and the contraction in the growth of the shipping industry worldwide has not affected its business in China, as almost all the shipyards he has visited in the country are "fully occupied".

Analysts estimated China saw six million tons of packaging waste generated last year and the disposal costs will be more than 9 billion yuan (around 6 billion).

Analysts said leaders of developing Asian countries attending the United Nations climate summit in Madrid are likely to focus on two key areas. These are: their own pledges to cut greenhouse gas emissions and lobbying industrialized countries to fulfill funding commitments that would help them adapt and mitigate the impact of climate change.