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"China is an opportunity for foreign companies. The enormous market potential, the customer base willing to try new things, and the quality of talent ... all make the country an important investment destination."

"China has been speeding up efforts to develop its own core components and standards," said Li Sha, an analyst at GF Securities Co Ltd. "The initiative will accelerate the pace of replacing foreign technologies with self-developed ones."

"China has attached great importance to intellectual property right protection and all the regulations are made according to international rules, especially after China's entry into the WTO. The international companies can rest assured their patents will be protected in China," Liang said.

"China is such a significant economic player, and the Belt and Road Initiative could be globally transformational," Lehr said.

"By adhering to high international standards in product quality and establishing world-class car manufacturing systems, we will continue to bring our brand to more consumers globally with new products and services," Yu said.