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"Compared with traditional vehicles, NEVs are better in aspects such as the exemption from restrictions on license plate numbers, the government subsidies, the lower price of electricity versus that of petrol and the particular appeal to environmentalist consumers," said Lin Boqiang, head of China Institute for Studies in Energy Policy at Xiamen University.

"China's Belt and Road Initiative means great opportunities for Italy," said Antonio Fatiguso, Beijing bureau chief of ANSA Agency, Italy. "I'm very positive on the further cooperation of the two countries and I think it's something that is underway. I think the bilateral ties will improve, not just in the economic field, but also from (the) cultural perspective, such as film co-production," he said in an interview during a show called "Beijing in My Eyes-Conversations with Chief Correspondents" presented by Radio Beijing International.

"Currently, we generate about 70 percent of our revenue from the security sector and the rest from the big data industry," Yao said.

"China's strong support for cross-border e-commerce comprehensive experimental zones, and the gradual improvement of taxation and regulatory policy environment, will greatly boost the growth of the industry," Zhang said.

"Chinese companies, primarily State-owned enterprises, are keen to cooperate with foreign companies to work in 'third party' markets anywhere related to the initiative," said Zhang Yansheng, chief economist at the China Center for International Economic Exchanges.