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"Exports de facto drive our industry," MICAM CEO Tommaso Cancellara told reporters at a digital press conference. "We had excellent 2018 news from China (and) we invited key Chinese opinion leaders and influencers to MICAM in order to promote (our products) toward a market that is becoming increasingly significant, in a country that accepts and appreciates beautiful and well-made Italian products more and more."

"Developments in Sino-US trade frictions may cause fluctuations in cross-border flows, but the influence should be limited as market participants have got used to twists and turns in trade talks," Liu added.

"Due to a lack of knowledge, the amount of hormones used on SARS patients were quite heavy for a prolonged period. Now, we have agreed to avoid using excessive amounts of hormones," he was quoted as saying.

"During the period from January to October, Forever's sales of bicycles surged 70 percent and electric bikes grew 22 percent. Our profit increased more than 70 percent, and we sold out up to 200,000 units of products online during the Double 11 shopping festival," said Miao Dan, director of branding with Shanghai Forever.

"Do the math. That's 5 million crashes every year－20 percent reduction means 1 million less. Those are big numbers," Mark Rosekind, the NHTSA's then-administrator, told Reuters last year.