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"Chinese automakers have the capacity to challenge the dominance of market leaders on the back of economies of scale and they already have an edge with the electric vehicle technology that fits well into the Indian government's vision to become a key global base for electrification," said the report quoting Amit Kaushik, managing director at the consultancy firm Urban Science.

"Culture brings people together. It is a binding force in the development of peaceful coexistence for humanity. It will be a win-win situation for China and India - both of which have a rich and diversified culture - to further explore and develop wider cultural exchanges and cooperation that could include tourism, education, science, archaeology, music, drama and even yoga."

"Considering our huge population base, we lag behind the world's top level, but we're making small and steady growth every year," Wei said.

"China's rental housing market is booming thanks to a variety of driving forces. The leasing model is undergoing significant change from the C2C format to the current B2C rental housing format," it said.

"Currently, we are still collecting inquiries from our member companies," Chan said. "But we have already booked 150 square meters of area for exhibition for next year's event."