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China's coffee consumption was up by 16 percent a year over the past decade, according to the International Coffee Organization. The coffee market in the Asian country was worth .5 billion in 2017, according to Euromonitor.

China's ministerial policymakers vowed on Sunday to make substantial efforts to boost investment, promote consumption and technological innovation, increase imports and expand opening-up, all moves that are in line with requirements of the newly concluded tone-setting Central Economic Work Conference.

China's monetary policy must be fine-tuned in a flexible and moderate way to meet the changing economic conditions and to counter-balance the cyclical pressures on the economy, said Chinese central bank governor Yi Gang in an article on Monday.

China's latest tax incentive policies for the integrated circuit industry will greatly boost the competitiveness of the nation's semiconductor sector and will fuel more investment and resources for technological breakthroughs, industry experts said on Friday.

China's economic growth has continued during the past five years, while "the financial system has facilitated the country's high growth rate and the consequent sharp decline in poverty rates", the main report said, calling on the financial sector to better support China's economic transformation from an export-and investment-driven model to one depending more on services and consumption.