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Li made the remark as he announced the official closing of the Beijing International Horticultural Exhibition in the city's Yanqing district.

Li said they will continue to offer intelligent and customized air conditioners next year to meet consumption upgrading, with annual sales expected to reach 15 million units within three years.

Liang said the market for air purifiers, however, still has large potential, as smog remains a concern in some regions, and consumers have growing needs for equipment dealing with pollutants other than PM 2.5 particles, like formaldehyde and pollen. This is because most of the current purifiers are not geared for such purposes, while the high-end products which have such functions are seeing robust sales despite being expensive.

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Li predicted there will be more market-oriented, cross-region and cross-ownership mergers and acquisitions among Chinese steel companies.

Li said he hopes both countries will continue two-way opening up and further widen market access for investment to bring more cooperation opportunities for businesses of both sides.

Li is planning to attend some training courses on e-commerce and product design to improve her business.

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Li learned about the impact of the macro economy on businesses at Shanghai Electric Group Co, one of the largest equipment manufacturing conglomerates in China.

Li urged authorities to plan and push the water diversion project with a historical perspective and a holistic view, which would help counter downward pressure on the economy, promote effective investment, stabilize growth and create jobs.

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Lieu accused the Trump administration of prioritizing its "blame game" instead of addressing the health crisis.

Li was in Dalian from Monday to Wednesday, attending this year's Summer Davos Forum and engaging in conversation with global business leaders. He also visited the city's free trade zone, as well as domestic and foreign businesses.