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China's financial openness will continue to facilitate the renminbi's market function. China has made tremendous efforts to relax restrictions on capital account transactions in the past. The most recent moves include eliminating quota ceilings for QFIIs (qualified foreign institutional investors) and QDIIs (qualified domestic institutional investors) and opening ownership for foreigners.

China's imports of natural gas surged 31.9 percent year-on-year to 90.4 million metric tons in 2018, setting a record, according to the General Administration of Customs.

China's e-commerce giant Alibaba's affiliate Ant Financial on Wednesday said the company will share a full suite of AI capabilities with asset management companies in China to support their digital transformation.

China's financial opening up is entering a new stage, while prominent distortions also appear in the global markets, such as distortion in global resource distribution brought by the "currency-based economic sanctions" against Russia, Iran and Venezuela, said Zhou, who warned that China should get prepared for long-term trade disputes.

China's economy has shown signs of firming, reinforced by an expanding manufacturing sector, rising corporate profits, increased rail freight volume, and higher machinery sales.