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Grid networks are expanding quickly and improving supply, which will also result in improved take-up rates, Jacobelli said.

Globally, the total outstanding value of bonds with negative interest rates reached about trillion as of September, according to a report by the Bank for International Settlements. China's interest rates have also trended down as the central bank has been cutting rates to shore up growth amid the epidemic.

Guangdong governor Ma Xingrui said governments in the PPDR region have started to formulate partnership measures this year in order to get involved in the development of the GBA.

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Grade A office rents in Wan Chai and Causeway Bay, home to the city's third tallest tower - the 78-story Central Plaza - saw a 1.6 percent drop in the third quarter compared with the same period last year, marking the first rental decline since 2014, according to data from real estate service provider Savills.

Going forward, the company will continue to build its research capabilities by expanding its research team in Shanghai, which is focused on China's A-share and bond markets.

Gregory Daco, the chief US economist at Oxford Economics, said on Twitter that the Q3 GDP is "record-breaking & meaningless at the same time."

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Goller said decisive government support and favorable policies have been a major part of China's strong development in e-mobility, but further development requires joint efforts of both the government and companies.

Gong Ke, president-elect of World Federation of Engineering Organizations, executive president of the Chinese Institute of New Generation Artificial Intelligence Development Strategies, and former president of Nankai University in Tianjin, delivers a speech at ConTech New Ecosystem of Education forum. [Photo provided to chinadaily.com.cn]

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Going forward, he says the group plans to expand into West Africa. It also wants to diversify into exports to China, focusing on the agricultural sector. This is in addition to focusing more on the engineering, procurement and construction sector.

Greek Prime Minister Kyriakos Mitsotakis, Jamaican Prime Minister Andrew Holness and Serbian Prime Minister Ana Brnabic will also attend the opening ceremony, Hua said.