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"China is a data-rich country, which is a very good starting point. Meanwhile, there are a lot of very encouraging progressions in different provincial governments," Ng said, adding that the municipal government of Shanghai unveiled plans to open up more space for the autonomous driving pilot program.
"But most producers don't have enough money for their R&D work. With the support of the fund, domestic suppliers can bring in more advanced technology from abroad through investments, and mergers and acquisitions," Lin added. "This will in effect help domestic companies to grow faster and produce more competitive products."

"China has further reduced restrictions on market access by foreign investors and now allows foreign investment throughout China in sectors where it was previously permitted only in pilot free trade zones," said Paul McKenzie, managing partner of Morrison & Foerster's Beijing office. "Strong headwinds will likely continue at least until the US-China trade relationship improves. Perhaps a more dramatic set of further amendments to the negative list will come out of the current trade talks," McKenzie said.
"By moving impoverished people out of their previous harsh living environment, the government can stop poverty from being passed down to future generations," he added.
"China demands the best and most cutting-edge technologies," Paliwal said. "If you want to succeed in China, bring here the best technology, top leadership and top investment."
来源:资阳报