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"China's financial assistance addresses the all-around challenges such as poverty, disease prevention, limited trade and investment channels, weak infrastructure and industrial foundation to many developing countries and regions today," said Xing Houyuan, a member of the expert committee of the Beijing-based China Council for the Promotion of International Trade.

"China's industrial internet is entering the fast lane, with a wide range of applications having emerged in manufacturing, healthcare, energy, smart ports and other sectors," Xiao said.

"Compared with the MLFs, the TMLF provides commercial banks with funds of lower borrowing costs and longer maturity, facilitating their lending to private and small businesses," said Liu Chunsheng, an associate professor at the Beijing-based Central University of Finance and Economics.

"Chinese companies are increasingly innovative," said Gary Shapiro, president and chief executive officer (CEO) of the Consumer Technology Association (CTA), the CES organizer.

"Current growth in the EV industry is bringing charging solutions into a new era in terms of ambition and capacity, and our ambition is to deliver to our customers top-notch charging services wherever we do operate charging points," said Pierre Clasquin, vice-president of Total EV Charge.