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China boasts a complete industrial system, a large domestic market, robust consumption potential, abundant human resources, competitive infrastructure and ample policy leeway, which will continue to buoy industrial development this year, Miao Wei, minister of industry and information technology, told a press conference.

China as the world's second-largest economy and the largest consumer market has announced and will take substantial moves to further open its economy, which will provide opportunities of development for all other countries, including the US. It will be regrettable if the US companies and workers fail to benefit from China's economic liberalization moves due to Washington's refusal to cast away its adventurism.

China has 305 land, sea and air ports, and 302 border inspection stations. Thirty-five of the ports average more than 5,000 passengers a day, 19 average over 10,000, and seven handle more than 50,000.

China has been the world's largest market for new energy vehicles since 2015. Last year, sales totaled 1.21 million, accounting for more than half of the global total, according to the statistics of the China Association of Automobile Manufacturers.

China has imposed retaliatory tariffs on an additional billion worth of US imports, including a 10 percent tariff on LNG that was effective Sept 24.