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China is the fourth-largest export market for the US agriculture sector. It bought .3 billion worth of US agricultural products last year.

China is stepping up efforts to boost pork supplies and curb surging pork prices, taking a series of measures, including releasing frozen meat, boosting the production and supplies of alternatives, like poultry, increasing meat imports and offering subsidies for those in need.

China has vowed to take substantial efforts to further open up its financial sector to foreign investors. It has, for example, allowed foreign enterprises to take as high as 51 percent of shares in Chinese securities, fund management, futures and life insurance companies and the cap will be eliminated in 2021.

China is speeding up the formation of a new development pattern dominated by domestic cycles and it will be more closely connected with the global economy, offering more extensive market opportunities to other countries, Zhang said.

China is home to 306.7 million hectares of forest, 400 million hectares of grassland, 53.3 million hectares of wetland and another 53.3 million hectares of governable sand land, which constitutes a huge resource potential and market advantage, said Peng Youdong, deputy head of the administration.