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"Considering the two accidents took place when newly delivered Boeing 737 Max 8s went down just minutes after taking off in less than five months, they have some degree of similarity," the administration said in its statement.

"Currently, the overall operation of China's banking and insurance sectors remains stable, and financial risks faced by them are generally under control. Although risks are quite high for some banking and insurance institutions, they will not affect the stability of the entire industry, as there is only a small number of them," said Xiao Yuanqi, chief risk officer and spokesperson of the CBIRC.

"Currently, we sell some 8 percent of our production to the Chinese market. We have been growing and we have a high-growth outlook," said Luzuriaga.

"Cooperation between the two partners started in 2016, and since then iFlytek's speech recognition technology has been adopted on Venucia's models D60 and T70," said Wu Xiaoru, executive president of iFlytek.

"China, the world's largest truck market, is of utmost importance to us and has become one of our important markets for future growth," said Martin Daum, CEO of Daimler Truck.