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Central SOEs should be determined and confident in "going out," and strive to become internationally competitive companies via cooperation and opening-up, according to Xiao.

Change is often viewed as threatening. Years back, when the internet started entering the mainstream, people were worried. But it actually ended up working in their favor. Nowadays, it would be impossible to imagine any business, not just exhibitions, succeeding without the internet and its relevant technology.

Carmakers around the world have been battered by coronavirus. Many are relying on government help, as the pandemic slammed the global economy into reverse and forced people to stay at home.

Chan noted that far from rallying in a peaceful manner, the protesters have committed various offenses on the street, ranging from setting fires and throwing rocks and iron bars at the police to using offensive weapons, including explosives and homemade sharp objects, and besieging police stations.

Chen (she preferred not to give her full name) spoke with Li Hongyang.