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Andrew Guthrie, president of Syngenta China, said agriculture in China needs to be more sustainable as there is limited land and water. Also, there is a desire to cut carbon emissions.

Analysts said that the Chinese smartphone market is expected to see a reshuffle as smartphone consumption slows down with almost all Chinese people owning at least one mobile phone.

And that’s a problem, Apple argues, because Amazon’s “inferior service” will then damage Apple’s brand in the minds of those consumers.

And in the coming five years, "China is expected to import trillion of goods, attract 0 billion of foreign investment and make 0 billion of outbound investment," Ma added.

Analysts said it is understandable that BMW is seeking a new partner in a competitive market like China, as Brilliance is only a financial investor in the joint venture, contributing little to BMW's success in the country.