Chinese companies should be wary of buying U.S. chips as they are "no longer safe" and buy locally instead, four of the country's top industry associations said on Tuesday in a rare coordinated response to Washington's curbs.

The US has introduced new export controls in an effort to curtail China’s ability to create an advanced semiconductor industry and to slow its development of artificial intelligence with military applications.

The United States on Monday issued new restrictions on the export of some semiconductor chips and equipment to China, citing national security. The measures are "designed to further impair" China's capability to produce advanced semiconductors "that can be used in the next generation of advanced weapon systems and in artificial intelligence (AI) and advanced computing,