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"China is no longer betting on exports to drive up the economy, cultivating new growth points in technology upgrades, stimulation to domestic consumption and adequate investments in fast-growing sectors in global investment destinations－they have all become indispensable parts for the country to boost its economy," said Wang Huiyao, president of the Center for China and Globalization.

"China grew revenues 30 percent in Q1, with the strategic acquisition of East China positioning us to accelerate our growth in the key China market,"?Kevin Johnson, president and CEO, said in a statement on Thursday.

"China is a huge automobile market for the company, and more and more Chinese consumers are upgrading, with a faster frequency, their conventional vehicles to new ones, which are characterized by new energy power, high safety and a comfortable internal environment," Qi said, adding the company is fully commitment to the China's auto market.

"Capital is favoring medical technology. This is probably the reason for the IPO. The company could (use the funds raised to) invest in AI, or robots," she said.

"China has already offered more market access to Indian companies, from IT and services to pharmaceuticals to Bollywood films," said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.