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China's air freight industry has seen a surge in recent years. The country transported 7.06 million tons of air freight cargo in 2017, a 5.6 percent increase year-on-year.

China will nurture market segments in important domains of consumption, create a sound consumption environment and continuously raise residents' consumption capacities, the plan showed.

China's M2 growth rate slowed to 8.2 percent in March, down from 8.8 percent in February and 8.6 percent in January. Yuan-denominated new loans also showed slower expansion in the first quarter compared with last year, according to data from the People's Bank of China, the central bank.

China's bond market boomed during the past decade but access for overseas investors is still limited, which has been accentuated as a more global yuan has stimulated demand for yuan-denominated assets.

China will further open the futures market and bonds market based on the measures on opening up China's capital market announced in June 2019.