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Analysts say that although the authorities are putting the measures in place, carmakers should not be over-reliant on them and should adapt themselves to meet market demands.

An official with the office in charge of fugitive repatriation and asset recovery under China's central anti-corruption coordination group said Liang's case was typical of grassroots corruption that infringes on people's rights and interests, and such cases are currently a focus of fugitive repatriation and asset recovery work.

And China's rapid urbanization means this transformation will come much sooner here than in other countries. In light of this trend, China has set up comprehensive plans to transform and upgrade its automotive industry.

Analysts suggested that to accelerate financial reform in China would require the capital markets and banking system to meet the needs of the privately-owned SMEs.

Analysts from Pacific Securities wrote in a note that consumer companies have been undervalued since the A-share meltdown over the past few years. But overseas investors usually hold a positive outlook for these companies and hence are investing in their shares.