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"Consumers choosing a domestic brand for reasons of quality and performance, as well as improved brand image, demonstrates that the progress of improving quality in domestic brands has seen positive outcomes," said Jeff Cai, general manager of auto product at J.D.Power China.

"Chinese companies looking to acquire beyond China's borders focus on winning at home and exporting abroad, which enables them to strengthen their domestic competitive stance while simultaneously positioning for global expansion, especially in other developing markets," Leung said.

"China, as the largest market in terms of the amount of data, is really using AI to add value to traditional businesses," said Lee.

"Chongqing and its neighboring regions provide ABB with a large market for robotics application and I hope this center will help strengthen our relationship with local clients."

"Companies from Southeast Asia including Singapore, Malaysia and Indonesia will also be our targeted potential clients," Geng added.