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"Collaborative robots will be handy for home use by Chinese families," Eberhardt said.

"Companies will either use the money they save to pay dividends or reinvest in their business, some of which will be in research and development, which can only be positive for the economy."

"Customers will pretty much want a car to look like a car looks today, even if has all the autonomous features." Gammage, formerly General Motors Co's chief scientist in Canada, said researchers are still looking at non-stick coatings as a cost-effective way to protect lenses.

"Currently, industrial robots and aerial robots are enjoying rapid development in China while the research and development of underwater robots is relatively slow," said Deng.

"China's economy took off quite well in the beginning months of this year. As more social capital will be reallocated, the A-shares market is still lucrative," according to Guotai's note.