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Analysts believe Chinese energy firms are likely to increase expansion overseas with more deals in coming quarters.

And there are no debates over the proper limits of technology in China, as enveloped all three major U.S. cloud providers in 2018. China is setting up an expansive technology-based surveillance system in some of its far-flung provinces to track ethnic minorities, and has started cracking down even more than usual on expressions of dissent on social networks in recent weeks.

Analysts expect that the STAR Market, which debuted in late July with 25 listed firms, may have at least 50 listed firms by early November, the China Securities Journal reported.

Analysts said energy cooperation between the two countries has been fruitful in recent years, with billion in energy projects taking up a considerable proportion of China's total investment in Belarus.

Analysts say the lower prices of the localized model will help boost Tesla's sales in China, the world's largest new energy vehicle market.