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China will focus on developing five metropolitan areas with the cities of Taiyuan, Guiyang, Lanzhou, Kunming and Yinchuan, said Yang Weimin, vice-chairman of the Economic Committee of the Chinese People's Political Consultative Conference National Committee and a member of the Standing Committee of the CPPCC National Committee.

China's Belt-and-Road Initiative has encouraged greater cooperation with other nations. "We have signed 54 tax agreements with Belt-and-Road countries,"Wang said.

China's auto market had low performance last year, with sales down 8.23 percent year-on-year, according to the China Association of Automobile Manufacturers.

China will maintain the principle that houses are for living in and not for speculation, rather than using real estate as a short-term means to stimulate the economy, Han noted.

China will firmly adhere to its reform and opening-up to share the benefits of development with the rest of the world, Li said.