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Analysts say the move shows investors' confidence in the startup and the potential of the Chinese market, which is already the world's largest new energy market.

And household upgrades are just the start of it－the center showcases myriad technologies that will be enhanced or made possible by 5G, including remotely piloted flying robots, driverless vehicles, augmented reality entertainment systems, virtual reality healthcare solutions, and smart manufacturing.

Analyst said relations between the two countries are unlikely to improve in the short term.

And the Broadway League, the national trade association for the Broadway theater industry, said that Broadway performances will be suspended through the remainder of 2020 due to COVID-19. Broadway theaters are offering refunds and exchanges for tickets purchased for all performances through Jan 3, 2021, the association said Tuesday.

Analysts believe more measures are in the pipeline. The negative list that determines where foreign participation is prohibited or limited is expected to become shorter. Foreign investors will see more favorable policies in taxation, less red tape in investment approval, and stronger protection of intellectual property rights.