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China's growth coupled with a policy of further opening up its market to foreign goods generates concrete opportunities for countries like Argentina, Bustelo said, citing the recent second China International Import Expo held in Shanghai in November.

China's domestic tourism has started to rebound. Trip.com said it will open a flagship store on JD.com to seize the window period of the tourist market recovery.

China's goods trade via crossborder e-commerce platforms rose to 111.04 billion yuan (.13 billion) in the first 10 months of 2018, as the country continues to lift individuals' annual transaction volume cap, officials said on Friday.

China's major SOEs will complete corporate governance reform by the end of 2017, according to a State Council action plan released in July. The reforms target SOEs supervised by the central government, excluding financial and cultural firms.

China's construction machinery manufacturing industry was confronted with a recession between 2012 and 2016, as market demand fell. After expanding for nearly two-years, the sector's growth started to slow last year.