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"From what we can see from the statistics, there is no doubt that the market will fall by around 10 percent from 2018," said Yao Jie, deputy secretary-general of the China Association of Automobile Manufacturers. He was speaking at a forum in Shanghai and did not give an estimate when the market will start to recover.

"Gaming is developing diversity, maturity and innovation. And the blossoming new technologies will also boost the gaming industry's development," Xiao said. "With a raft of popular entertainment apps dominating netizen's smartphone screens, there is less time for gaming apps."

"Focusing on infrastructure connectivity, we should invest more in pursuing new breakthroughs in the development of our region's transportation, energy, and information and communications networks," he said.

"For more than a decade, selling more vehicles in more countries was the key aim of our global strategy," Wang said. Early success in exports led to robust growth rate, which tempted the company to concentrate on boosting numbers initially, only to shift the focus to quality later.

"Going green will not hurt profits in the long run. Instead, we strongly believe that the generation of value for stakeholders can become a driver to generate value for shareholders," Boragno said.