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China's economy expanded 6.9 percent during the first half of the year, with consumption and services, together with new innovation-driven economic sectors, playing bigger roles in the economy.

China's civil aviation industry has been recovering since May and has been performing better, Yu said, adding that passenger volume in the domestic market has almost reached last year's level.

China's measures to contain the virus outbreak have helped slow down the spread of the epidemic to other parts of the world, and the World Health Organization, or WHO, has on many occasions spoken highly of the country's counter-virus efforts, noting that China "is setting a new standard for outbreak response".

China's economy expanded 6.9 percent last year to 82.7 trillion yuan (12.8 trillion US dollars), around 15 percent of the world total. Foreign exchange reserves, the world's largest, reached 3.1 trillion dollars, and trade with countries along the Belt and Road rose 17.8 percent to 7.4 trillion yuan (1.15 trillion dollars).

China's motoring industry has become eye-catching in the capital market recently, with a bunch of automakers planning for financing or listing.