In the end, it will be down to enticing a clientele that has universal horizons. "We're open to all of them," Yang said.
In the GM-Honda deal, the companies say they'll collaborate on a "range of vehicles sold under each company's distinct brands."
In the face of mounting competition from alternative mind-body disciplines, tai chi is passing through what can be called both the best age and the worst phase, said Liu.
In the January-November period last year, combined net profits in the ferrous metal smelting and rolling sector surged 180 percent year-on-year to 313.88 billion yuan, according to the MIIT.
In the first four months of 2018, China has used .43 billion in direct investments from South Korea, up 61.7 percent on a yearly basis, he added.
In the Financial Times' 2017 tabulation, SAIF's MF program was ranked No 1 in Asia and 14th globally, jumping 14 slots from last year when it participated in the ranking for the first time. In terms of value for money, SAIF was ranked No 1 in Asia and 7th in the world.
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In the automobile sector alone, three major Japanese automakers-Honda, Toyota and Nissan-have set up their production bases in Guangzhou.
In the first four months of this year combined, industrial profits fell by 3.4 percent year-on-year, the NBS said.
In the first quarter, cars bearing Chinese marques accounted for 45.2 percent of total passenger car sales, half a percentage point lower than the same quarter last year.
In the first quarter, government departments pushed forward high-quality growth, deepened supply-side structural reform and carried out positive fiscal policy and stable monetary policy, the statement said. Main macroeconomic figures were in proper range, and reform and opening-up was pushed forward continuously, it said.