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"Companies with special ownership structures complying with related requirements and redchip companies will both be allowed to list …," the China Securities Regulatory Commission, the top securities regulator, said in an announcement on Jan 30.

"China's 40 years of reform and opening up have brought unprecedented historical opportunities for enterprises to achieve innovation and development. Xylem, on the basis of China's national conditions, has seized the opportunity to expand business and achieve win-win progress with Chinese partners through cooperation," said Lv.

"Customers aspire for something not necessarily exclusive but unconventional. This is when influencers kick in, with consumers putting a lot more trust in online key opinion leaders in their decision-making journeys," Shen said.

"Compared with the most strong green financing market, we still need to catch up in terms of clarifying standards, adopting green principles, conducting environmental analysis and incubating green companies," Ma said.

"Credibility is the most important factor for the used car sector to see sustainable development," said Shen Jinjun, president of the association, at the country's used car assembly earlier this year.