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"From the year-on-year growth data, the first-tier cities are entering the replenishment phase with the inventory continuing to grow on a year-on-year basis from June after 34 consecutive months of year-on-year decline. And although in second-, third- and fourth-tier cities the inventory continued to fall, the decline continued to narrow," Yan said.

"For Geely, going high-end can help it take more market share," said Alan Kang, a Shanghai-based analyst at LMC Automotive. "Geely needs to do that to better compete with global brands."

"For people over 70, getting a driver's license requires a health check and rounds of exams, which is hard. Those who are able to pass them can ensure their qualified skills and safety. Plus, nowadays, people aged above 60 or even 70 are healthier," he said.

"Global companies in China no longer need to ship their products away from the manufacturing facilities in the country. Instead they are becoming more inclined to tap growth from the robust domestic market demand," said Wang Shouwen, vice-minister of commerce.

"From these ordinary men and women, we know why the China-US relationship is firmly grounded and why we should be confident in its future," the ambassador said.