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"By leveraging our capabilities in autonomous driving and AI technologies, we can develop comprehensive solutions that will greatly improve the efficiency of cities," said Baidu's chairman and chief executive Robin Li.

"China is driving developments in battery technology. It has driven the developments in solar PV. In a whole load of ways it is getting on with things that are going to be central to the future technology of the world. They put together private entrepreneurship, a high savings rate, a state that is willing to invest in infrastructure," he explained.

"China has already succeeded in e-commerce and digital economy. Such experiences can be replicated in BRI economies," said Jing Xiandong, Ant Financial's executive chairman.

"China never conducted state-sponsored cyber attacks against Canada, let alone did it pledge that it would stop the relevant activities. One can not pledge to stop what he didn't do," the statement read.

"But when prices of companies stop declining and start to rebound, it is a clear sign of bottoming out. As long as these companies are healthy at the financial and operational levels, investors can feel confident to hold a long position on them. In the long run, China's A-share market will pick up slowly but the bullish performance can be expected for about 10 years," he said.