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Analysts said Chinese mainland enterprises are increasingly diversifying their investments globally with a particular appetite for trophy properties in prime markets, eyeing stable and steady, long-term yields from rental income.

And China's rapid urbanization means this transformation will come much sooner here than in other countries. In light of this trend, China has set up comprehensive plans to transform and upgrade its automotive industry.

An ongoing vegetation fire, sparked by the crash, and the steep terrain of the site, prevented ground units from reaching the plane immediately.

And last year, the Chinese government started a seven-year automated agriculture pilot project in Xinghua, Jiangsu province. The project includes rice transplanters, pesticide applicators, fertilization equipment, and driverless tractors that are navigated via global positioning satellites.

An undated photo shows an elderly woman dining at a nursing home in Hangzhou, East China's Zhejiang province. [Photo by Sun Yidou/Provided to China Daily]