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"Currently, financial risks are one of the most prominent and major type of risks in China … The country is still facing relatively huge pressure for a possible rebound in nonperforming loans, and the inventory of shadow banking activities is still fairly large, with frequent occurrence of law and regulatory violations," said Xiao Yuanqi, chief of the prudential regulation bureau of the China Banking Regulatory Commission, at a news conference on Friday.

"Communication is better than confrontation," she said.

"Cross-border M&As with strategic significance, especially industrial upgrading and the Belt and Road-related projects, will dominate the overseas M&A market in 2017," said Chen.

"Conventional Chinese car makers and new players who have joined the race are cooperating with each other in research and development and production," Zhang said earlier this month at the China Automotive Brands Development Summit in Beijing.

"Companies from Hong Kong have learned to succeed in the long term by staying steady and keeping low leverage," said Huang. "Being steady is like navigating the sea. A high leverage and heavy debt will affect how you manage and control the quality of the development," she said.