"We hope that other countries can adopt a longer-term vision and a more open mindset, engage more in cooperation and partnership and less in the blame game, and join together to sail in the same boat through the current difficulties."

Chen Deming, Minister of Commerce, stressing that China is doing its bit to rebalance global trade by expanding domestic demand and cutting import licenses and tariffs.

"The railway industry in China may slow in the short term due to safety concerns after the crash, but in the long run, the industry will develop rapidly because there is still great domestic demand."

Zhao Xiaogang, chairman of China South Locomotive and Rolling Stock Corp, the country's largest maker of trains, admitting that the high-speed collision, which killed 40 people in July in Wenzhou, Zhejiang province, has had some adverse effects on the development of China's high-speed rail industry.