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Chen Lizhe, sales chief of Volvo Car Greater China, said last week that the company, owned by Chinese billionaire Li Shufu, will launch an imported all-new XC40 compact SUV in the Chinese market later this year. He added local production of the model will start in China from 2019.

Childcare is part of the solution, she said, citing the report's case studies of companies offering various childcare options.

Chen said all of the joint venture's new models by the end of this year will have connectivity features, and Ford's first model featuring cellular vehicle-to-everything technology will be produced in China.

Chief Executive Carrie Lam Cheng Yuet-ngor announced the decision three days after a protest-turned-riot against the amendment bill brought to a standstill the city’s main administrative and business areas.

Cheng expects Didi to have 1 million electric vehicles on its platform by 2020.