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"But the outlook will be more challenging this year as banks are asked to lend more to private enterprises and at lower rates," she said.

"Carmakers are encouraged to make the most of international technologies, capital and human resources to raise the level of China's new energy vehicle sector," said the National Development and Reform Commission. The comments were made in a document released last month in conjunction with the Ministry of Industry and Information Technology.

"Carmakers and IT companies are pushing back the frontiers of their business, moving in the direction to become comprehensive service providers," China Business News quoted independent analyst Zhang Zhiyong as saying.

"But the lawyers still have difficulties in helping Chinese clients solve foreign-related disputes, as they don't fully understand foreign laws or rules and some can't speak foreign languages well, which makes it hard to provide suggestions on preventing legal risks and brings challenges in communication," the report added.

"China needs its next master of thoughts like Rao," Vandermeersch says. "Maybe this honor doesn't belong to us, foreign Sinologists."