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As for China, Zoia said the gyrocar "probably could have better play there as a market more in tune with motorcycles. But unless cities outlaw regular cars or there's some other such action to encourage their use, I think consumers still will be more inclined to want four-wheeled vehicles."

As a result, loans overdue for 90 days and more took up 92.41 percent of the group's total non-performing loans as of the end of last year, declining by 16.97 percentage points year-on-year.

As President Xi Jinping has stated, "Lucid waters and lush mountains are invaluable assets."

As an end-to-end AI algorithm platform, Brain++ possesses the research and development capacity of large-scale algorithm, breaking through key links between data and framework of AI industrialization and advancing the transformation and application of AI technologies. Relying on Brain++, the company has fostered an enabling environment for scenarios of individual Internet of Things, city Internet of Things and supply chain Internet of Things.

As a result, the services industry will absorb massive labor force, said Zhu from Moody's. "Despite China's economic growth slowdown, very few people have actually lost their jobs. The country is not under high stress of unemployment because a large number of job opportunities are transferring from the manufacturing sector to the services industry amid economic transition in China."