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Apart from Chinese investment, Lock's firm is looking to host road shows in South Korea and the Middle East later this year to rope in more investors.

Apart from confidence, China's rapid development and rising international standing have brought tangible benefits for overseas students in Germany.

Apolong is developed in partnership with Chinese bus manufacturer King Long and will be put into commercial operation in several Chinese cities including Beijing, Shenzhen, Xiongan, Wuhan and Pingtan. The production volume of Apolong has reached 100 units at its manufacturing facility in Xiamen, in southeast China's Fujian province, according to Li.

Another home appliance manufacturer Shenzhen-based Konka Group Co Ltd said its gross margins from TVs and white goods, which include air conditioners and refrigerators, witnessed a decline in the first quarter due to the price rises of raw materials.

Another key sticking point between the union and GM is the carmaker's use of temporary workers, who make up around 7 percent of its workforce.