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China's economic and financial risks are on the whole manageable, Li said. "What China needs to do is to tackle both the symptoms and root causes and take effective measures to defuse potential risks."

China's manufacturing enterprises devoted more energy to innovation and quality in their transformation and upgrading recent years, according to a report published on Wednesday.

China's measures to limit the human damage caused by the virus were very strong through January and February, so the economic data looks grim for those months. Industrial production fell 13.5 percent in those two months, while retail sales fell 20.5 percent and fixed asset investment plunged 24.5 percent, according to the National Bureau of Statistics. The urban unemployment rate rose to 6.2 percent in February, which is a mild increase relative to what we are seeing in other countries.

China's new dual circulation development pattern, an efficient public health system that is responsive to the COVID-19 epidemic, and rising disposable incomes, are all generating growth opportunities for domestic companies and making China a more attractive market for foreign companies, experts said at a forum.

China's general aviation industry is expected to continue to develop rapidly. By the end of 2015, more than 300 general airports were in operation serving 1,874 aircraft, aviation officials said. They estimate that the number of aircraft will surpass 5,000 and the market size will hit 1 trillion yuan (4 billion) by 2020.