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"But over the last two decades, the infrastructure and services have not kept pace, causing congestion on our roads and public transport particularly in Melbourne, Sydney and South East Queensland.

"China is leading the world in terms of e-commerce market size, growth, penetration and mobile business usage," said Alan Wong, SF Group's vice-president.

"Cash reserves are running down quickly as fleets are grounded, and ... demand is drying up in ways that are completely unprecedented."

"China is a huge market with unparalleled potential. China's consumption will top the world this year or next year, and China's GDP will also exceed the US by the end of the next decade. However, China's real estate transaction only accounts for about 1/20 of the US, posing great growth potential."

"But new energy development has great potential in Shanxi, especially as the province is seeing declining coal production," Wu said.