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"But there is no doubt that digital currency is the currency of the future, and it should be managed under some regulatory frameworks," he added.

"By participating in NADA, we hope to speed up the building of our global dealership network. GAC Motor has always insisted on building high-end, world-class products with a craftsman's spirit," Yu said.

"China is an important market in our downstream growth strategy; this marks the first BP site with our full offer, demonstrating our continued intent to provide charging solutions, fuels, and a high quality retail offer to our consumers," said Tufan Erginbilgic, chief executive, BP Downstream.

"China has taken several steps since the Paris Accord was signed in 2015, which makes it clear it is trying to surpass the goals it has set. Clean energy transition in a country that is as large, with as much heavy manufacturing and diversity as China, is a challenge," said Jackson.

"China is in the international spotlight," said Yan Mei, Brunswick Group's senior partner in China. "Despite current geopolitical and commercial tensions, Chinese companies are still looking overseas to grow their markets."