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China will, as always, support a strong, quota-based and adequately resourced IMF, he added.

China's State Council in 2017 set a goal that the country should realize a utilization rate of 35 percent in household garbage recycling by 2020, and 46 Chinese cities should take the lead in implementing mandatory classification of residential waste.

China's A-share market rallied on Tuesday despite an astonishing overseas sell-off overnight, an indication that A-share assets could remain resilient amid a turbulent global financial market, according to Chinese and foreign analysts.

China will impose the tariff on 333 categories of US products including vehicle engines, vans, cars, trucks and chemicals, according to an announcement and an attached list issued by the Customs Tariff Commission of the State Council on Wednesday.

China's bonds market stood at about 86 trillion yuan (.84 trillion) by the end of 2018, with about 1.8 trillion yuan (0 billion) held by global investors, up 46 percent year on year.