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Analysts said the phase-one agreement will benefit both countries and the whole world. But uncertainties still exist, they said.

Analysts said that the current policy of increasing infrastructure investment may keep the country's economic growth from continuing to fall, but it will not be adequate to raise growth. They said if the country's economic growth continues to weaken, China may further cut taxes and lower interest rates to boost manufacturing and consumption.

And yes, in a mildly ironic twist, the deal was announced on July 4, Independence Day here in the United States.

Analysts believe the move will help support the country's real economy and fend off potential risks brought about by global trade uncertainties and business downturn pressure.

And, no surprise, Seattle ranks first with one out of every 124 residents using the new 9 tablet computer. Next on the list was Apple’s hometown of San Francisco where one in 249 residents use the device.