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"By its own example, the country proves the possibility of a fairer, more developed and safer world," Novikov concluded.

"China is getting a foothold in Latin America. It is using economic statecraft to pull the continent into its orbit," he said in a Feb 1 speech.

"But the problem is, the aviation industrial players of other countries can't really stand as rivals to the US and Europe, given the current global aviation industry competition scenarios. The suggestion from the EU is more like something to mediate disputes and ease the situation, while the US is eager to crack down on the EU, and excuses can't really convince the US."

"China has switched to a consumption-driven growth model. As personal incomes continue to rise and domestic consumption keeps being upgraded, the retail banking business has enormous growth potential," he said.

"By leveraging the differences in resource distribution, time zones, seasons and electricity prices, GEI can advance the intensive development and the efficient large-scale allocation of global clean energy," he said during the Global Energy Interconnection (Asia) Conference held in Beijing on Monday.