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China's Vice-Premier Wang Yang delivering a speech at the 11th China-Northeast Asia Expo Opening Ceremony said: "Although China has run a trade deficit with several countries in the region, we do not engage in trade protection, and is willing to further expand our imports from these economies to meet diversified needs."

China's bond market stood at about 86 trillion yuan (.52 trillion) by the end of 2018, with about 1.8 trillion yuan (1.9 billion) held by foreign investors. The market size was the third largest globally and the second largest in Asia. Observers predict China will surpass Japan to become the world's second largest bond market this year.

China's action is a needed step in combating fentanyl use, but it won't end the scourge.

China will extend tariff exemptions for imports of 16 US products for one year, according to a statement from the Customs Tariff Commission of China's State Council.

China will support and safeguard multilateral trade and advocate facilitated investment and liberal trade against the backdrop of the complicated and changing international context, Li said. He added that China will press ahead with reform and open its door even wider, and lend more efforts to maintaining steady and improving economic growth.