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"China is one of the most tech-savvy countries where consumers are responsive to embracing the latest things and trends worldwide, creating new opportunities for foreign firms," said Hammes.

"By doing something with a more premium feel, it could allow Nissan to charge more for its service and potentially relieve some of that profitability pressure they could face if they were to try to race to the bottom in terms of pricing," said Jeremy Carlson, automotive analyst at IHS Markit.

"But now the global industry reaches a consensus that the real potential lies in the marriage between big data and the real economies," Wang said.

"Certainly, first and foremost, it is getting on top of the virus and getting people back into a more normal pattern of work, but the social safety net was also extraordinary," Winters told CNBC's Geoff Cutmore on Wednesday.

"China promises a bright future to researchers now, especially in the area of energy storage. The gap between China and the US is smaller and smaller and China has been investing heavily in scientific research," he said.