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China's consumer inflation growth was 1.6 percent in 2017, 0.4 percentage point down from the previous year and lower than the country's whole-year inflation control target of 3 percent.

China's new tariff cuts covering a wide range of items from aircraft engines to sunglasses and whisky, which became effective on Jan 1, will help both global and home companies save operating costs and maintain robust growth, said experts and business executives.

China's endeavor to foster a new form of international relations and build a community with a shared future for mankind will be the overarching goals of China's foreign policy in the years ahead, Foreign Minister Wang Yi said.

China's cruise industry has experienced rapid development over the past decade. According to China Communications and Transportation Association (CCTA), 15 cruise ports in China received 5,807 passenger liners with 18.1 million outbound and inbound tourists in 2017.

China's factory activity expanded at a faster pace in June, beating expectations, Reuters reported Tuesday.