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"China will become the major driving force (behind) global licensing market growth by the year 2020 when the middle class population in the country reaches 600 million," Riotto said.

"China's property market will shift from extensive and rapid growth to more sustainable growth in the following years," said Yao Yao, head of research for JLL China, a real estate agency.

"Companies were required to go to various offices and fill different documents to complete the licensing procedures, which was often a time-consuming and labor-intensive process," said Chen Pengyun, chairman of a Tianjin-based vehicle trading company.

"Companies should invest and establish more testing sites that imitate different traffic scenarios rather than testing their vehicles on urban roads prematurely," said Lin Jian, a senior engineer in the automobile engineering department at Tsinghua University.

"China's international sci-tech cooperation will be conducted on the basis of mutual benefit and win-win results, rather than a matter of importing technologies," Tian said. "We hope that all our partners can benefit from this approach."