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Analysts said the poor performance at its joint venture with Ford was the main culprit. The joint venture, a major profit driver for Changan, has suffered because it was late in introducing new models into China.

And if he could discuss the trade dispute with Xi, Kimberly said he would say that he hopes China and the US can work it out. "We know that is what's best for both China and the US. It's a great relationship and we just want that to continue," he added.

Andres Diaz Bedolla, a member of the Chinese e-commerce giant Alibaba's working team here, said the company believes that online sales have boosted growth prospects for businesses around the globe.

Analysts believe the moves were made to stabilize market expectations as banks' liquidity demand could increase due to taxes and required reserves as well as more maturing securities.

Analysts estimate that in 2014, some 1 percent of the population used aesthetic medical services, and the number is seen reaching about 17 percent by 2019.