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As BMW is speeding up digitalized transformation, cross-industry cooperation and exchanges are a must, said Goller.

As Chinese companies are shifting their focus from pure upfront costs to a more sustainable life-cycle-cost perspective, they become more willing to embrace highly efficient and environmentally reliable products, and this offers good opportunities for Volvo Group, he added.

Around the world, cooking-show fans and celebrity-chef groupies are well aware of the culinary technique known as sous vide, though they may not have tried their hands at it themselves. But now, with a number of affordable sous vide precision cookers available on the market, making that perfectly cooked edge-to-edge steak at home is not only possible, it's easy, too.

As China is on the way to add more digital technologies and sustainable methods into its manufacturing industries, the country also experienced a slight drop in foreign direct investment flow in recent months.

As Huawei Technologies Co faces arguably its biggest challenge in its 30-year-plus history, the company's 74-year-old founder Ren Zhengfei wants to show the world that Huawei is prepared for a worst-case scenario.