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"Considering the positive recovery of market demand as the epidemic is getting under better control in China, we are confident in achieving our expected whole-year target of double-digit growth," said Li Shuguang, president of Wuliangye and an NPC deputy, on the sidelines of the ongoing two sessions in Beijing.

"Choosing the right path and the right timing" to implement deleveraging efforts "will achieve high-quality development."

"China represents a significant opportunity in the aviation industry, as it is developing rapidly and the demand for aviation services is increasing," he said.

"Chinese have made 250 million domestic trips, contributing 280 billion yuan (about .89 billion) to the tourism industry during this year's Spring Festival holiday from Jan 24 to 30, despite a 40 percent year-on-year decrease," he said.

"China's securities regulator has specified corporate behaviors that will trigger delisting from stock exchanges in the revised rules, which will make compulsory delisting more doable and improve the efficiency of delisting processes," said Dong Dengxin, a finance professor at Wuhan University of Science and Technology.