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"But our mission is very simple. We are a two-way culture bridge helping the UK and (continental) Europe to have more access to the China market.

"China has invested billion in Texas since 2000. That's a good and strong indication that if we want to grow and to develop, we need to look to China," the mayor told China Daily at the summit. "I met a lot of people at the summit, including representatives from Suzhou."

"China has established industrial parks - improving infrastructure and the business environment - to reduce transaction costs in them," Lin wrote.

"By setting up the new base, TCP hopes to better enhance its marketing and research and development capabilities by better understanding the needs, habits, and preferences of Chinese consumers and to develop products to better meet their particular needs," said Yoovidhya, adding that he was hopeful of creating something in China and then introducing it to the world.

"China Region and Asia Region have been split in view of the importance of the China market and the Asia markets, respectively," the carmaker said in a statement in December.