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"China's economy has gradually emerged from the slump and returned to the level it was roughly at prior to the outbreak, backed by the stimulation that has delivered burgeoning signs of work resumption, industrial chains and services sector," said Shao Yu, chief economist at Orient Securities.

"China's proposal to explore third-party market cooperation could bring benefits to both Western nations and developing countries in many parts of the world, without causing a clash of interests," said Chu Shijia, director-general at the ministry's comprehensive department.

"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.

"Currently we are going through one of the biggest slowdowns that we have seen in recent times," Pawan Goenka, managing director at automaker Mahindra said earlier on Wednesday after the company reported a quarterly profit.

"Customers have higher requirements for fruit variety and quality since living standards have improved and more people are pursuing a healthy diet," said Hu Junyi, a marketing department manager of a Lanzhou-based fruit company.