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Analysts said the two new companies are signs of consolidated relations between FAW and Audi and will help promote the German brand's long-term development in China.

Analysts say the lower prices of the localized model will help boost Tesla's sales in China, the world's largest new energy vehicle market.

Anand Rao, an AI consultant at PwC, stressed that initially North America would experience productivity gains faster than China.

Analysts believe that the torrid growth of China's fintech sector will inevitably slow, which will present both challenges and opportunities for the companies, especially as more mature regulations are imposed, and a degree of consolidation may take place.

And in the coming five years, "China is expected to import trillion of goods, attract 0 billion of foreign investment and make 0 billion of outbound investment," Ma added.