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"Considering that the two accidents took place after new Boeing 737 MAX 8s were delivered, and went down just minutes after taking off, within five months of each other, they have some degree of similarity," the administration said in its statement. The administration grounded all Chinese Boeing 737 MAX 8 jets on March 11.

"Consumption spending in both the home and global markets is expected to rise at a fast pace this year, pushed by China's ongoing consumption and industrial upgrading, as well as the emergence of new industries, including e-commerce, 4G and 5G technologies, mobile payment, virtual reality and the sharing economy," said Zhou.

"Currently, several EU states have their own processes to examine and clear foreign investments in certain sectors of national and strategic importance. The EU could consider doing these clearances at a central level to improve efficiency and clarity for investors," Saz-Carranza said.

"Cultural relics connect the past, present and the future. They are witnesses of Chinese civilization, which has a long history yet keeps its vitality," Premier Li Keqiang, who once visited the relics when he worked in Henan, said in a congratulatory letter for the groundbreaking ceremony on Sunday.

"Consequently, sanctions lifting commitments under the JCPOA continue to apply," he said.