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"China's economy is running stable and maintains good momentum for growth. The trend is expected to continue for the long term. The Chinese market has great leeway, strong growth impetus and resilience," said Wang Changlin, vice-president of the Academy of Macroeconomic Research of the National Development and Reform Commission.

"China will find other countries, replacing the US, to export goods, and the strategic adjustment is on the right path," he said.

"Contacts in the steel and aluminum industries expected higher prices as a result of the tariffs on these products but had not planned any new investments to increase capacity," the minutes said.

"China's economic growth is the most important source of growth for the global economy," said Vasilis Trigkas, who is also a research fellow at the Belt and Road Strategy Institute at China's Tsinghua University.

"Concerted efforts are needed because 25 percent of global land resources have degraded, leaving 1.5 billion people suffering from sandstorms. Therefore, more exchange programs on desertification will be carried out between China and other nations," Zhang said at an international conference marking the 25th anniversary of World Day to Combat Desertification and Drought.