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"Globalization is a top priority for DiDi," company founder and CEO Cheng Wei said of the deal.

"Germany has shown great confidence in China's market potential and economic prospect; China has attached importance to Germany's high-tech industry and management experiences," said Shi.

"Furthermore, there will be no vacillation in consolidating and developing the public sector, or in encouraging, supporting and guiding nonpublic sector development," he said. "With the deepening of State-owned enterprise reform, especially mixed-ownership reform, more private capital will be encouraged to participate in the reform."

"Green finance also requires a lot of talents," said Ma, pointing to the shortage of talents at local governments and banking intuitions.

"Frugality is a traditional virtue of the Chinese nation, and we should still promote it even in an age of abundance," Zhu Yi, an associate professor at the China Agricultural University, was quoted by the newspaper as saying.