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And at least 0 billion of that comes from trade with China. Also, China accounts for 69 percent of all imported goods and 39 percent of exports at Long Beach.

And she was worried that the toxic cloud could also damage historic monuments.

Angelica Valenzuela, marketing manager at Wines of Chile, said the free trade agreement between China and Chile, in effect since 2006 and updated in March, helped boost wine exports to the Asian giant by between 30 percent and 50 percent a year.

Analysts said the brand will erode the market share of Chinese carmakers, as well as affordable foreign ones including Kia and Hyundai. FAW-Volkswagen is expanding its business besides car production and sales. The company started its car-sharing program last year, with a fleet of 200 vehicles in Changchun, capital of Jilin province, where the carmaker is headquartered.

Analysts said that the CSRC's statement highlighted the encouragement for the greater role of the financial markets to serve the economy, which was emphasized by the top policymakers at the recent National Financial Work Conference.