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Another reason for the foreign investment growth is the acceleration of the reform and opening-up of the Chinese financial market. Pang Ming said, with the advancement of the country's reform and opening-up, further refinement in the financial market system, and better connections with international financial market rules, overseas investors have increasingly recognized the rising degree of openness in the Chinese capital market.

Apart from Hubei, other regions including Zhejiang, Guizhou and Hainan provinces have also reported officials being held accountable for failing to perform their duties in fighting the contagion.

Announcing the latest restrictions on Monday, Chief Executive Carrie Lam Cheng Yuet-ngor cited health experts' warnings that the fourth wave could continue to escalate.

Another key element from the local culture that he brought into the design was to keep harmony with nature, Winey said.

Apart from being a major engine in supporting world auto sales, China's motoring industry has also become a hot spot for global investment, Economic Information Daily reported.