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China recorded 549 million air passenger trips and 7.12 million tons of air cargo in 2017, a 12.6 and 6.6 percent year-on-year increase respectively.

China is well positioned for recovery given its resources and financial reserves, technological potential, human capital, state intervention and economic planning, he said, adding this is good news for Latin America.

China needs a "very strong" rebound after the epidemic, firmly supported by aggressive policies to drive up demand, especially to boost infrastructure investment — focusing on technological upgrading, although foreign trade and domestic consumption may be under pressure over a longer period, said Zhu.

China transported 23.21 billion tons of freight in the first half of the year, up 6.9 percent year-on-year, according to the Ministry of Transport on July 26. Ports above scale handled 6.54 billion tons of cargo during the same period of time, an increase of 2.4 percent. Fixed assets investment in the transport industry totaled 1.33 trillion yuan (5.35 billion), similar to that of the last year.

China opposes official exchanges in any form between other countries and Taiwan, which is an inalienable part of Chinese territory.