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China has been experiencing a net reduction recently for a number of reasons, including financial projections growing at a slower growth rate than previously, as well as desires for selling old ones in order to get the latest products, said David Dixon, president of Jetcraft Asia.

China has been the world's largest market for new energy vehicles since 2015. But their sales last year fell 4 percent to 1.21 million. The fall went deeper in the first quarter primarily because of the coronavirus outbreak.

China had come to the aid of El Salvador in fighting the pandemic, the Chinese embassy in El Salvador tweeted recently.

China currently is home to more than 2,000 regional headquarters, research and development centers of multinationals, showing their confidence in and recognition of the country's business environment. Foreign direct investment in China rose 3 percent year-on-year to 5 billion in 2018, data from the Ministry of Commerce show.

China has also made big strides in fostering a better business environment, as the country ranked 46th place out of 190 countries in the World Bank's newly released ranking list in 2018. While China ranked 78th place for ease of doing business in 2017.