Chinese car-sharing firms are taking the fast lane to a green tomorrow by using new energy vehicles for their services.

Domestic e-commerce firms are taking their globalization drive one step further by adding more British brands onto their platforms to tap growing middle income earners with fondness for quality foreign brands.

More than 100 traditional brands in China have joined hands to promote online sales, with assistance from Chinese e-commerce company JD.com.

Volkswagen AG, which inked a deal with SAIC Motor in 1984 to build one of China's very first joint ventures for cars, repeated history in 2017.

New energy cars and AI are presenting make-or-break opportunities for the automotive industry, said Xu Heyi, chairman of the State-owned Beijing Automotive Group Co, who warned that carmakers that do not seize them may end up losing it all.

China is calling for deeper cooperation on the internet of things among countries around the world, and to jointly launch a global demonstration platform for the IoT, said He Xuming, executive chairman of the World Internet of Things Convention.