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"China has managed the aftermath of coronavirus much more efficiently than Western economies and will therefore catch up with these economies rather more quickly," he said.

"China and the United States are the two largest economies in the world … managing their relations effectively, instead of pointing fingers and exerting pressure on one another, is of great concern to everyone," he said.

"China has made positive progress in economic restructuring, transition of growth drivers, and the battle against major financial risks," said Zhao Huan, president of Agricultural Bank of China, at a news conference on Tuesday.

"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.

"China notified the World Health Organization of the genetic sequence of the virus on Jan 12. According to Trump's remarks, health experts in the US began work on the vaccine in an early phase, yet some US politicians' response to the virus were still disappointing."