So while BYD was leading the way among Chinese automakers in fulfilling government policy by developing these vehicles, the government, according to Wang, was not yet upholding its end of the bargain by implementing subsidies.

FORBES: Will China Subsidize Electric Vehicles?

Mr Wang has been credited with promoting more open access to information about government spending.

ECONOMIST: Governing China

With notable exceptions like Wang Jianlin, big property developers in China have had a rough year as the government has moved to curb speculation.

FORBES: Chinese Property Billionaires Lose $3.87 billion On Housing Curbs

"With the current economic downturn, the sharp decline in local government revenue (growth) is something that needs to be reversed, " Mr. Wang was quoted as saying at a financial seminar.

WSJ: China March Property Prices Declined