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And the Chinese government is committed to shoring up its EV sector. Subsidies for manufacturers that were introduced in 2009 have come to an end, but the government is focused on building a strong nationwide network to charge vehicles throughout the country's cities and highways, according to China's Ministry of Finance. Such a network is key to speeding up demand for EVs.

Analysts from Essence Securities said in a note that the A-share market is approaching the tipping point at which it transitions from a bear market to a bull market. Although the price earnings ratio has been up from that registered at the end of last year, most of the industries are still undervalued. Therefore, there is still room for further pickup of A shares in the long term.

Analysts said such a figure makes it difficult for any player to see scale effects, and costly new technological possibilities are emerging, making the idea of "minding one's own business" obsolete.

And so, on a brief trip to the historical city, I find myself up before the sun preparing to tuck into something I've never tried before - zaocha.

And cities like Houston are trying to cash in, according to Attract China, a New York-based company that focuses on outbound Chinese tourism to North America.