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"Due to the small scale of the segment, new energy carmakers are losing money. The sharp fall following the subsidy cut shows the segment is still in need of policy support, at least measures to facilitate their use," said Chen.

"Every institute prides itself on the number of academicians it has, and they all devote a lot of resources and energy to persuading academicians to stay on, despite the fact many may have passed their prime," the researcher said.

"Cutting taxes and fees serves as the main means of positive financial policy and the key for implementing it is to evaluate the effectiveness of the policies carefully and offer sufficient supportive work," said Yang Zhiyong, a researcher with the Chinese Academy of Social Sciences.

"Driven by Xiaomi's pragmatic concerns, the cooperation will enable much more international IoT connections," Yan said.

"Despite the heated talk on trade, I remain an optimist about US-Chinese relations, economic and otherwise," said Drew Bernstein, co-head of the China practice at Marcum Bernstein & Pinchuk and an auditor of Chinese IPOs in the US. "I can tell you that we are getting more inquiries about US IPOs from China right now than at any time in recent memory."