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China's surging imports between July and September also showed the country's growing demand for consumer goods and industrial materials, especially commodities and agricultural products from global markets, and contributed to the world's economic recovery, said Chu.

China's year-on-year July consumer inflation registered higher-than-expected growth compared with the previous month's, while factory gate price inflation cooled slightly amid moderate downward pressure and trade friction with the United States.

China's sharing economy market will maintain an annual growth rate of over 30 percent in the next three years, thanks to the public's active participation, government's policy support and mature business mode, a new report said.

China's retail sector is continuing to recover, spurring stronger confidence among business leaders according to a recent study by global data analytics company Nielsen.

China's surplus comes mainly from labor-intensive products, and the country saw deficits for products including aircraft, integrated circuits, automobiles and agricultural products, showing both countries have capitalized on their respective industrial advantages, according to the report.