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"GPG is seeking to expand Sino-foreign cooperation, merge with, or acquire, overseas companies, entrust foreign distribution agents and introduce digital distribution to increase its presence in the world market in the years ahead."

"For 2019, we see another year of volume growth as we continue to benefit from our strong product program and increased capacity," he added. "But we have to be realistic and acknowledge that margins will remain under continued pressure."

"Globalization exists in a political context. In the 19th century, it largely took place within European empires. In the 20th century, it took place through US-backed international institutions, and in the 21st century, it may exist within China-centered institutions such as the BRI," he said.

"From our side, we have to learn how to adjust more effectively to our interactions with China, the rising power. And China, the rising power, will also have to learn how to face the reality that the US is the current dominant power," he said.

"From where do you get the power to issue deadlines or ultimatums to a sovereign people?" he told the Security Council.