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Chinese energy giants' lackluster performances during the first six months of the year have also quickened their efforts to tap the renewables sector.

Chinese enterprises will encounter challenges when expanding overseas, he said. "Any changes in local policies, laws and regulations on, say, overseas investment, or mergers and acquisitions, would increase uncertainty."

Chinese regulators are continuing to make it easy for foreign participants to thrive in China's panda bond market. This approach is helping both investors and issuers.

Chinese phone maker Huawei Technologies Co Ltd has been moving R&D staff from its Shenzhen headquarters to a new campus in the neighboring city of Dongguan since July. Thousands of people have relocated so far and another round of resettlement is expected by the end of this year.

Chinese property developer Evergrande and the financial conglomerate Baoneng, as newcomers to the NEV industry, are being given extra attention in the investigation.