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"Carmakers have expected a gradual cut in subsidies, the buyers will see a higher price, but it will not have a big impact because most of them live in large cities where gasoline car license plates are hard to obtain."

"China and many other leading economies today have joined the elite club of the developed world by promoting and supporting the flow of FDI into the developing world. They hope that such flows will uplift the livelihood of many poor people," he says.

"China is already enormously influential in the world, but I think there's much, much more to come," said Perry at an award-giving ceremony at Chinese embassy in London on Monday.

"China and Zimbabwe enjoy a comprehensive strategic partnership of corporation. This is a great reflection of our rock solid friendship and the value behind China's vision for a community with a shared future for China, Africa, and the world at large," he said.

"China is South Africa's largest trading partner and we are using these trade relations to strengthen the people-to-people exchange between the two countries. I am pleased that, together with Tencent, South African Tourism in China is laying a solid foundation for growth in visitor arrivals from China to South Africa".