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"Capital management at the core shows that the government's supervision over central SOEs has risen to a higher level," said Li Jin, chief researcher at the China Enterprise Research Institute,

"Certainly I will. But you know that," Trump said when asked whether he would vacate the building, allowing a peaceful transition of power in January. But the Republican president－taking questions for the first time since the election on Nov 3－insisted that "a lot of things" would happen between now and then that might alter the results.

"China has been making concerted efforts to adopt employment policies, encourage entrepreneurship, stabilize economic prospects, enhance companies' confidence and competitiveness, and create favorable conditions for the job market. All these factors helped underpin consumers' job prospects," said Andy Zhao, president of Nielsen China.

"Buyers are basically paying for a power battery, as the battery in an electric car is so expensive that it makes up about half of the production cost," he said in an earlier interview.

"Changes are coming so much faster these days than in the past. By the time you finish analyzing all the data you're given, it's too late to act," he said, adding that qualified leaders should be able to act in an environment of imperfect and incomplete information while quickly correcting the mistakes they have found in the decision-making process.