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Analysts said the guideline aims to bring more players into the sector to stimulate the vitality of the upstream market for oil and gas, which is currently dominated by large State-owned enterprises.

Analysts from Deutsche Bank?had estimated that yearly revenues from AWS would be?about billion — ten times that of Microsoft’s own cloud computing arm, they noted. Last?month, analysts at Robert W.?Baird said it was valuing the AWS business?at to billion, or per share, on a standalone basis, TheStreet reported.

Analysts are also bullish on the company’s prospects.?This week, Wedbush analyst Michael Pachter upgraded its rating on Amazon to “outperform” from “neutral” and increased its price target to 5 from 5.

Analysts said the pipeline will help meet gas demand in the Beijing-Tianjin-Hebei region during the heating season, which is mostly reliant on pipeline imports.

An rare Chinese bronze water vessel thought to have been taken during the looting of Beijing's Summer Palace in 1860 has been discovered in Kent, southeast England.