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"China has achieved over 60 percent urbanization. The figure will reach 70 percent to 80 percent in the future, and the cities' size will only grow bigger and bigger, presenting challenges in their management and operation," he said.

"China is the leader in AI and smart technology. It is now a focus of the Chinese government for high-tech development and education," said Taylor.

"China is leading the world with smart vehicles, and is a key part of Ford's global vision for the future. We are excited about seeing more products developed in China, for China and from China," Jim Hackett was quoted as saying last year.

"China and the EU should continue to focus on trans-border investment and two-way opening, so as to build a fair, open environment and mechanical framework for business," said Zhou Xiaochuan, former governor of China's central bank.

"Charging piles are important infrastructure to safeguard the development of the NEV industry. The investment plays a leading role in boosting NEV consumption during the crucial time of promoting work resumption and restoring economic and social order," National Energy Administration chief economist Guo Zhi said.