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China is fully capable and confident in winning the battle against the epidemic caused by the novel coronavirus and has the confidence to minimize the impact on the economy, he said, adding the impact is temporary and will not change the economy’s long-term fundamentals.

China has the world's largest e-commerce market. As the incomes of rural residents increase, growth in online retail purchases by rural shoppers has outpaced their urban counterparts.

China is also viewed very favorably in Latin America, where 51 percent express a favorable opinion of China while 26 percent express an unfavorable view — again, a refutation of criticism of China's growing role in Latin America.

China is one of the markets in which we are investing most heavily. In the past 10 years, we have been working really hard to find how we can be in tune with the development of China. New needs are emerging. We are not only bringing new knowledge to China, but we are also learning from China.

China is Brazil's main trading partner and the South American country is looking to diversify that trade exchange.