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"But the gradual maturing of electric car technologies and consumers' growing desire to embrace eco-friendly cars will still give it a good momentum," Xiao said.

"But now, the new business model calls for highly differentiated approaches, which rely on individual influencers and those who are capable of immediately understanding consumers' signals and translating them into action."

"But there is no need to be overanxious about the risks as China has a deposit insurance scheme. By taking measures, such as appointing another bank to temporarily manage the bank which undergoes the mergers and acquisitions process, regulatory authorities will help small and medium-sized banks make a smooth transition of liquidity," he said.

"China has a complete industrial chain and optimized economic structure, and is one of the fast-growing markets across the globe. The rigorous prevention and control measures domestically have facilitated economic recovery since the COVID-19 pandemic, which boosted the surge in domestic and foreign trade," Gu said.

"China is still at a very early stage in developing the biogas industry," Zhang said.