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German carmaker Audi showcased its immersive entertainment system at the CES Asia held from June 11 to 13 in Shanghai.

Given the current tense China-US relations, Li said the "confrontational" move that the United States is pursuing is part of its strategy to contain China's growth, and also reflects its hegemonic mindset in international affairs.

German automaker BMW has warned Trump administration officials that some if not many of its 10,000 workers at its plant near Spartanburg and 35,000 at BMW suppliers could have their jobs at risk if tariffs continue.

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Gita Gopinath, chief economist for the International Monetary Fund, speaks during a media briefing during the 49th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan 24, 2019. [Photo/IC]

GeekWire’s Blair Hanley Frank with the winner of of our Amazing Book Race.

Global consultancy Roland Berger is continuously expanding its presence in China and has confidence in China's economic growth, as the country has taken a series of measures to further open up the market, which indicates that a new wave of investments and integration in the global supply chains will be created.

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Giuliano Menassi, CEO of Pirelli APAC, said many opportunities also come from China, which is now the world's largest automobile market. Despite declining growth in the assembled car market, sales of high-end vehicles have continued to rise as Chinese consumers now expect more from their vehicles, said Menassi.

Geographically, the top 10 list includes four companies from the Guangdong-Hong Kong-Macao Greater Bay Area, four companies from the Yangtze River Delta and the remaining from Beijing and Qingdao.

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Global telecom industry players are ramping up efforts to grab a market share of the 5G network. The next-generation mobile network, which features super fast speed and low latency, will be used to power the industrial internet, autonomous driving, virtual reality and other technologies.

German biotechnology company BioNTech SE and Shanghai Fosun Pharmaceutical (Group) Co Ltd jointly announced on Nov 25 that their lead COVID-19 vaccine candidate BNT162b2 will be evaluated in phase 2 clinical trials to support future biologic license applications in China.