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Applicants can get plates for conventional cars by entering a draw, while the distribution of new energy car plates are on a first-come, first-served basis.

As China has taken fresh measures, including introducing new foreign investment laws to better protect the interests of non-Chinese firms and offer more access to foreign enterprises in a number of sectors, the survey said China remains an important market for most US companies responding to the questionnaire. More than 80 percent of member companies surveyed said they expected positive industry growth in China in 2019.

As China deepens reform and opens its market wider to the world, China-Europe cooperation will face more promising prospects.

As China has growing demand for infrastructure such as more high-speed railways, roads and regional transportation, To said an important factor is to increase the supply of "new infrastructure", such as 5G networks, cloud computing, internet of things (IoT) and artificial intelligence infrastructure.

As China looks to quicken the issuance of local government bonds, which are mainly used on infrastructure, investment in the area is likely to see double-digit growth this year.