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"China's economic expansion slowed in line with expectations, and conditions will be weaker in the second half as China is carrying out deleveraging moves, and the trade conflict between the US and China is uncertain," said Gao Ting, head of China market strategy at UBS Securities.
"China's process of urbanization will continue to demand natural resources and promote the integration of the two economies," he said.
"Clearly the growth of China is significant for us," he said. "China is the No. 2 economy in the world, and a major trading partner, and we have closest proximity."
"Consequently, opportunity abounds as brands seek to engage the attention of consumers in the world's most lucrative and fastest-growing luxury market," it said.
"Comfort, digitalization and e-mobility－they all come together in their demands, they are essential for modern customers," said Ian Robertson, member of the board of management of BMW AG, in his speech at the auto show in Shanghai on Wednesday.
来源：资阳报