During the pandemic, China has introduced a series of expedient policies, such as tax cuts, increasing fiscal expenditure, and lowering the real costs of borrowing to bail out the corporate sector, especially small businesses.

Some want the money- and time-saving expedient offer, while others worry overreliance may prove uncompetitive in the long run.

As the nature of transport evolves, traditional auto manufacturers are keeping paceCarmakers are jumping on the mobility services bandwagon in China, which is a strategic step as ride-hailing and car-sharing threaten traditional sales and also an expedient to sell their locally made electric cars, according to industry analysts.