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"But the problem is, where would these productive investments come from?" Guo said.

"China market is vast and fast changing and there is still a lot of space for new comers if they are able to differentiate and win through either efficiency or better customer experience," he added.

"China is at the forefront of cutting-edge technologies, especially artificial intelligence (AI) and other technologies and also the implementation of digital technologies in all walks of life, in transportation, machines, robotics and everything," Vardi, chairman of International Technologies, told Xinhua during the World Economic Forum (WEF) annual meeting here on Wednesday.

"By providing digital channels through the BMW JD store, we can join hands to better serve our customers and achieve win-win results together," Green said.

"Certain fees must be eliminated and for those that are retained, it should be clearly explained why they are being collected," he added.