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Among the 17 carmakers, Changan Automobile suffered most from the deficits of 2.24 billion yuan (3.14 million), partly attributed to the falling sales of Changan Ford. With 367.92 billion yuan, SAIC Motor Corp topped the list for net profits, but its profits were still down by 27.49 percent year-on-year, the first time in 10 years it had shrunk since SAIC was listed.

Among the 91 projects, four were signed at the main venue, including an infrastructure investment, an urban rowing center, and a science and innovation park. Jinpu New Area, the 10th national new area established in China, signed agreements for 20 projects.

Amid technological upgrade and quality-oriented economic expansion, rapid growth can be seen across fields like urban development and retail, he said.

Amid the cases in the US, the CDC said last week that it had sent 200 test kits to laboratories across the US and roughly 200 more to labs in more than 30 other countries — but the kits were faulty.

Among them, SAIC Motor, GAC Motor, Changan, Dongfeng Motor, all saw disappointing figures in revenue and net profit, with Changan's net profit dropping more than 250 percent in the first quarter.