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At the same time, battery swapping will be widely used in the urban mobility service industry, which includes taxis and online car-hailing.

At the inaugural ceremony, Zachary Hu, senior vice president and chief technology officer, said the center will focus on developing artificial intelligence (AI) and sensor technologies, with a goal to bring their applications into Midea product lines.

At present, Shell has 1,350 stations in China, a leading position among international fuel retailers. But compared with the market size and opportunity, the operation is still "relatively small", Kapitany said.

At the start of the year, after much debate, British Prime Minister Boris Johnson's government offered Huawei a role in the construction of the next generation of mobile phone technology, but with limits on the size and extent of that involvement.

At the just-concluded China Textile and Apparel Trade Show in New York City, RomRol Outdoor presented attendees, namely retailers, designers and brands, a catwalk show highlighting its various cutting-edge technologies. Its light-absorbing fabric and temperature sensor fabric proved to be most eye-catching.