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Andrew Tilton, managing director of global investment research at Goldman Sachs, said the mainland had performed well last year. A credit-growth slowdown normally held the economy back, but GDP continued to grow despite the deleveraging.

Analysts attributed the fast FDI growth to effective policy that has boosted the confidence of foreign investors, as well as the accelerated process of industrial restructuring.

And many have subsequently become interested in reading more Chinese literature.

An said Lynk & Co will enter Europe using Volvo's resources. The first model to hit the European market will be made in East China's Zhejiang province.

Andrew Au, an economist of the government of China's Hong Kong Special Administrative Region (HKSAR), predicted the GDP would drop 6 percent to 8 percent year-on-year in 2020 as the economic outlook is still highly uncertain.