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"Chargedot was one of the first high-tech enterprises in China to focus on new energy vehicle charging solutions. By joining with ABB, we will be positioned strongly to make the next big leap forward," said Mao Chunhua, CEO of Chargedot.

"China could take advantage of the lower crude prices to start filling in its SPR, as the country is still shy of its target of 900 million barrels, equivalent to 90 days of the country's net imports," Luo said.

"But the government prefers to announce controversial and outdated initiatives instead of new ideas for sustainable development in the Amazon," she said.

"China is willing to work with global trading partners to make economic globalization more inclusive and balanced."

"China and the US both have responsibility in maintaining regional peace in Asia," Senior Colonel Zhou Bo, a security expert, said. "The new mechanism will play a significant role in exchanging ideas for dealing with major military issues in the region, which in term will reduce the chance of miscalculation and improve risk management between the two militaries."