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The company said that on-the-job professionals, job-seekers, school students and management personnel of government departments can all study under the initiative. The training courses will be tailor-made.

The company unveiled three new-generation hydraulic excavators during a construction machinery exhibition held in Beijing last month.

The company will expand its current plants in India as well. Color TVs, refrigerators, washing machines, air conditioners and television set-top boxes are expected to be manufactured in the future, given India's more than 1.3 billion population that promises huge business potential.

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The company said it expects to post revenue of between billion to billion for the fiscal second quarter of 2019 ending in March.

The company's General Manager Wu Xiaodong said it had focused on Southeast Asia in the past decade, with the expo being its first step into the Russian market.

The company's shares listed in Hong Kong fell 0.45 percent as of 10 am Tuesday.

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The company said the fast spreading novel coronavirus pandemic has hampered the production of major overseas wineries, and the imported wine business in China has suffered a setback. International shipping and logistics companies also suffered severely. They have constantly lowered their frequencies of voyages and raised transportation costs.

The company is preparing its own ballot initiative, which would "enact stronger regulation and enforcement rather than prohibition," Kwong said.

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The company logo of China National Chemical Corporation, or ChemChina, is seen at its headquarters in Beijing, Feb 3, 2017. [Photo/Agencies]

The company will continue to coordinate with plants in 58 regions in the country to resume the production of medical supplies. The first batch of 3.3 million masks will be sent to Wuhan through three "green passages".