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"China plays an important role in Airbus' supply chain and a critical force of scientific innovation. There are many competitive Chinese enterprises in the field of artificial intelligence and digitization. Airbus highly hopes to cooperate with them," Xu said.

"China is a leader in the field of nanoscience. I am confident that our cooperation will benefit both sides and the future of the global aviation industry with the expertise of Airbus and our Chinese partners," he said.

"China and EU share the responsibility to safeguard the global free trade system and negotiation needs to be speeded up to conclude a China-EU investment agreement," he said at a news conference on the sidelines of the ongoing annual session of the National People's Congress.

"But now, things have changed. You need to climb to the top to be a winner. After five years of a quiet market, domestic as well as overseas demand is slowly pulling back this year. It poses a new challenge to XCMG."

"China is Finland's most important trade partner in Asia and our fourth largest trade partner globally. In practice, China's importance to Finnish trade is even bigger, when the whole production and value chains are taken into consideration," he said.