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"China is one of the first countries coming out of COVID-19's impact, though it is still careful of possible second waves," said Li. "It's important for business communities when looking at the market, you should look at the stability, and even with this challenge, China survived and came out strong."

"CGCC-LA will continue to help bridge exchanges and collaboration between Chinese and US companies," he said.

"China has a complete industrial chain and optimized economic structure, and is one of the fast-growing markets across the globe. The rigorous prevention and control measures domestically have facilitated economic recovery since the COVID-19 pandemic, which boosted the surge in domestic and foreign trade," Gu said.

"Certain industries still have a high barrier for entry, and some government officials have transferred their functions to related institutions," Lin said. "Some agencies have been using their administrative resources to set up new barriers (for market entry) and charge a high fee."

"China is not only the largest market for Porsche, but also the market that has the biggest increase," the CEO noted. As of now, Porsche operates 116 sales outlets in China, of which 14 were newly established last year. Two more new dealer stores are scheduled to be founded in China this year.