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China's defense policy is defensive in nature and its defense spending is proportionate and restrained in terms of total size, per capita expenditure and proportion of GDP, he said.
China's opening-up strategy has been benefiting not only China itself, but the world as a whole, he said.
China's online sales volume of tangible goods surged 25 percent year-on-year to reach 7 trillion yuan (,041 billion) last year.
China's economy posted a forecast-beating growth rate in the first quarter of 2017, with GDP up 6.9 percent from a year ago, according to the National Bureau of Statistics.
China's holdings of US treasuries fell to .1682 trillion in January, down from .1849 trillion in December, reaching the lowest level since July, the data showed.
来源：资阳报