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"But the demand for modern vehicles with a higher technology content, better performance and higher availability is increasing with the need for more efficient logistics and sustainable transport," said Scania in a statement.

"But the dialogue is still important for building stable, healthy, military-to-military relations between the two nations," he said. "Military relations are a matter of life and death. Any mishaps between the two militaries will be catastrophic to bilateral ties."

"China and the EU should continue to focus on trans-border investment and two-way opening, so as to build a fair, open environment and mechanical framework for business," said Zhou Xiaochuan, former governor of China's central bank.

"China has always encouraged overseas investment, but more needs to be done to ensure it occurs in a more rational manner," said Pan Gongsheng, head of the State Administration of Foreign Exchange.

"California is just so close to China; I think this might be the major reason why Chinese investors prefer California," Guo Ruda, commercial attaché of the Chinese Consulate General in Los Angeles, said at the hearing.