The structural reform introduced competition, which helped improve China's auto industry by forcing out incompetent ones and, more importantly, allowing more people to own their first cars, they said.
This will help cull the incompetent but cultivate the competitive such as Geely," Zhang said.
He said Tesla will also help improve the competitiveness of local new energy vehicle makers by forcing those incompetent ones out of business, some of which have been over-reliant on the government's financial stimuli, and inspire serious and ambitious companies to do a better job.
It can help weed out the incompetent companies and allow the competitive to stand out," Ma said.
"Declining car sales may speed up the process of squeezing out the incompetent players and we may see some of them exit the market," he said.
"Declining car sales may speed up the process of squeezing out the incompetent players and we may see some of them exit the market," said Cui.
"Declining car sales may speed up the process of squeezing out the incompetent players and we may see some of them exit the market next year.
This will help cull the incompetent but cultivate the competitive such as Geely. "
"Those that have not come are either incompetent or niche brands.
It will also accelerate the retirement of some incompetent brands.
"With rapid urbanization in the country, Chinese cities are facing challenges such as insufficient resources, unsustainable development and incompetent governance," said Chen Jialin, Smart City Development Office secretary-general at Ping An.