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As for big names that might be on the move, LDP Secretary General Toshihiro Nikai, who has held his position for over three years, and economic revitalization minister Toshimitsu Motegi could find themselves posted to different positions.

As a result, a number of supportive policies have been issued to support maker spaces, incubators and companies to speed up innovation.

As each ASEAN member has its own social and cultural background, service sectors must be highly localized, and this will bring opportunities for Hong Kong professional service sector, Huang said.

As emerging technologies such as mobile internet, artificial intelligence and additive manufacturing continue to be put into use, as well as the technological and innovative capabilities of emerging economies, the cost of participating in global value chains, especially for small and medium-sized companies, is rapidly declining. Against this background, the vertical specialization led by traditional large multinational corporations has not fully adapted to the new requirements of global economic cooperation. The new global value chains represented by collaborative innovation and, platform-based collaboration, and division of labor are rapidly developing. They will become an important supplement to the traditional value chains.

As a domestic leader in whole-vehicle exports and overseas sales, SAIC Motor said some of its self-owned brands have entered mainstream brand lists across different categories, including internet cars.