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"But the growth rate of Chinese netizens is slowing down. New impetus in e-commerce consumption won't emerge unless the participants in e-commerce can break the bottleneck of the sluggish browsing volume," Nie said.

"China is a reliable, dependable partner and friend. It has reached out to African countries through cooperation based on respect and true friendship," he said.

"China has an intersection of craftsmanship and computer science, (which is) rarely found in other places. The country is a big market, but for us the No 1 attraction is the quality of people," Cook said at the ongoing 2017 Fortune Global Forum, which is being held in Guangzhou, capital of South China's Guangdong province.

"But we have worked hard to have a better picture of local consumers' product preferences, and scrambled to localize our products and marketing strategy," Li said.

"China has become a major market for US exports including high-tech goods, machineries, agricultural products and consumer goods. A trade war will definitely not be in the interest of the US," he said.