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The company has also signed a strategic cooperation agreement with e-commerce giant Alibaba Group Holding Ltd and SAP SE on building a new retail ecosystem, marking another step in its endeavor to open up its application and technology platform.

The company has made little efforts in terms of new technological trends such as electrified powertrains. FCA did announce recently plans to join BMW to work on autonomous driving, but most automakers began that work years ago.

The company attributed the drastic boost to a moderate recovery of the world economy and an increase in international oil prices.

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The climate has created an opportunity for the city to develop a "heat-driven economy" built on product-exposure and automobile tests, the report said.

The company has established a research and development team comprising more than 60 professionals, and has built up more than 10 high-end medical device R&D centers.

The committee will finish checks nationwide after the fourth round, starting in June.

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The company also hired Ulrich Kranz, former senior vice-president at BMW as CTO.

The comment came shortly after Huawei won a vote of faith in India, which had invited the Shenzhen-based company to conduct local 5G trials.

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The company began discussing an upgrade of its deployment for the new area right after its establishment was announced, said Deputy General Manager Wu Weishe.

The company announced last week that Xiaoice will soon be present in the smartphones of major Chinese handset makers Vivo and Oppo, the WeChat platform of Tencent, and the news service of Beijing Bytedance Technology Co Ltd.