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And in Southeast Asia, the taxman has emerged on the front lines of this fight in recent years.

Analysts are making some big predictions for Amazon acquisitions in 2019. Susquehanna analyst Jack Micenko suggested Amazon should acquire Redfin, the Seattle-based online real estate brokerage, to get access to its “troves of data” in real estate, an area in which Amazon has been showing more interest in recent years.

And after 10 years of rapid development, the new area is aiming to help build a world-class tech-savvy city via big data, cloud computing, artificial intelligence and blockchain technology following the nation's development strategy.

Analysts at Central China Securities said in a research note that the measures rolled out at the meeting will further energize the economy, open up more monopolistic sectors to private capital, and encourage private investment in the research and development of fundamental technologies.

Analysts have said that if implemented, the reform will reverse a trend in recent years in which many Chinese tech firms preferred to list overseas because of more flexible listing rules and access to international investors.