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"But still, Chinese car startups are producing models in small volumes to perfect their production lines. And they also must learn from early users' complaints and negative feedbacks to optimize their products," Jia said.

"China is transforming from a manufacturing giant to a world manufacturing power, but manufacturing sector development is unbalanced along the value chain. Small and medium-sized enterprises need to improve their production efficiency and management models, as well as reduce their manufacturing costs," said Xu Lihong, CEO of A.BRAIN Research Institute of Intelligent Manufacturing.

"China is now the second-largest market of Emerson," said Hakan Erdamar, president of Emerson commercial and residential solutions in Asia, Middle East and Africa. He said the planned research center will become a vital part of the company's strategy of "in China, for China".

"China has a population of 1.4 billion, of which 400 million are considered as middle-income, which means there's a huge domestic consumer market with rapid growth potential," he said. Therefore, he added, China's foreign trade partners and investors have attached more importance to the Chinese market.

"China is doing its best to control the spread of the epidemic, including canceling all outbound tourist groups and making arrangements to bring back Hubei people from abroad. China is doing a responsible job," he said.