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"Carpool services are part of the shared economy. It is hard for government to strictly oversee it," Zhu said, suggesting that any management should be modest.

"But today, it has been more and more obvious that people's habits are changing, and this can be seen from the increasing types of internet finance and micro-loan companies, and in this way the policy comes at a very urgent time in preventing financial risks."

"China is by far the largest market for mid-sized premium sedans. With Model 3 priced on par with gasoline powered mid-sized sedans, we believe China could become the biggest market for Model 3," Tesla said in its quarterly financial statement.

"China can export these integrated technology solutions, but relevant regulations should be implemented according to global standards," said Urs, who frequently travels to different parts of China for his advisory business.

"China is entering into a new era, and it is one that is epitomized by both confidence and sophistication. It is also one based on knowledge, innovation and a strong will to drive critical global governance and leadership issues," he said.