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"Given the large trade between the US and China in hides, skins and leather products, a tariff increase on the industry would negatively impact industries in both countries equally," he said.

"Guangdong will seek expanded cooperation and more discussion with Hong Kong and Macao in building, operating and managing the infrastructural projects that link Guangdong with the two Chinese SARs, including the Hong Kong-Zhuhai-Macao Bridge and other large-scale projects," Li said.

"Globally, regional collaboration represents a general trend in the development of the world economy. In China, city agglomeration has become a central engine driving the country's economic transformation and development," he said.

"For instance, Baidu is leveraging AI to help supermarkets better manage their supply of fresh food, by analyzing and predicting which products are most popular," said Li, who runs China's largest search engine.

"Furthermore, we will conduct, in the immediate and near future, in our dealer network, independent audits to ensure compliance with our standards and to improve customer service processes," the statement said, adding that it would see that violations of company standards are punished.