Yale Zhang, managing director of consulting firm Automotive Foresight, said acquisition is the best way for Geely to get a foothold in the region that has long been dominated by Japanese brands.
Yang has set up several companies in the past, but he believes this latest endeavor will give him a career for life.
Yang Huiyan, 36, vice-chairwoman of property developer Country Garden in Guangdong province, saw her wealth triple to billion and took the fourth place on list this year. The property company set up by her father Yang Guoqiang, registered a sales of billion in the first three quarters.
Years of running have also left her with a painful right leg, which limits her exercise to two hours per day.
Yang Wenliang, general manager of Yizhuang Investment Holding Company, said an integrated development pattern should be set up for the development of Yizhuang, in line with the expansion of Zhongguancun in Haidian district, where universities and IT companies are clustered.
YZJ Group's main products include medium and large container vessels, bulk carriers and gas carriers. The company exported products to countries and regions such as Europe, the United States and Southeast Asia, with total annual exports of billion.
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Yang Weiyong, an associate professor at the University of International Business and Economics in Beijing, said China should continue focusing on invigorating the private sector through reforms to strengthen the market's role in allocating production factors, especially credit resources.
Yang Weiguo, a professor of labor and human resources at Renmin University, said stabilizing and increasing employment is important. "The digital era has created new professions," he said.
Yan Yuejin, director of Shanghai-based E-house China Research and Development Institution, said such phenomenon was rather normal, as January was not a peak season for sales or supply.
Xu said the sales of new energy vehicles are likely to exceed 1 million units for the whole year.