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Another industry analyst also suggested that, Evergrande needs connoisseurs of the entire auto industry to promote the whole process of vehicle manufacturing, in addition to investment.

Apart from home-leasing, analysts expect government long-term regulations to include enough affordable housing for low and middle income residents, a reasonable land supply, a basket of land-related reforms, and a new tax on home ownership.

Anne Leonard

Apart from digital transformation solutions, the company also vowed to construct industrial internet platforms, with a focus on regional development of industry. It also pledged to unveil innovative plans based on industrial scenarios combining big data and AI.

Apart from merchandise supply support and a 2 billion yuan startup fund and low-interest loans, Suning pledged to offer free livestreaming resources, training and 1 billion yuan worth of subsidies.