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China's CPI has remained at or below 2.5 percent since the start of 2016, well below its annual CPI growth target of 3 percent. "China's consumer price inflation this year will be significantly lower than that of last year (which was 2 percent)," said Yan Ling, an analyst at China Merchants Securities. "The low level of inflation will not have a major impact on the country's monetary policy."

China will further expand the opening of the financial sector, encourage foreign financial institutions and funds to enter the domestic financial market and enhance the vitality and competitiveness of the financial system, the statement said.

China will fully open up oil and gas exploration and exploitation access to domestic and foreign capitals, the Ministry of Natural Resources said on Thursday.

China will plan the construction of infrastructure in Donglang as "actual circumstances" allow, Foreign Ministry spokeswoman Hua Chunying said on Tuesday, adding that Chinese border troops are continuing to patrol and defend the area.

China will implement 50 agricultural assistance programs, provide 1 billion yuan (4 million) of emergency humanitarian food assistance to African countries affected by natural disasters, send 500 senior agriculture experts to Africa and train entrepreneurs in agribusiness.