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Analysts believe the slowdown reflects the fact that the Chinese economy is shifting from the energy intensive industry to service industries with lower energy intensity.

Anger rooms help visitors relieve their frustrations

Analysts say the new development pattern charts the course for China's high-quality economic development, which requires stronger endogenous driving forces amid mounting external uncertainties.

And it's not just an entitlement for the tech-savvy youngsters. In Shanghai, senior citizens quickly filled their carts with veggies, cooking oil and bags of rice priced at up to 50 percent off, and were adept at paying with their phones.

Analysts were expecting AWS to record .71 billion in revenue, slightly higher than the actual number, according to CNBC. Investors were not happy with Amazon’s report, sending its stock down 6 percent in after-hours trading, although that momentum seemed centered around weaker-than-expected guidance for the retail giant going into the holiday quarter.