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China's foreign trade also remained steady, with the total imports and exports up 14.8 percent to stand at .2 trillion in the first 11 months, hitting a new high. The services trade increased 15 percent from a year ago to 656.2 billion US dollars in the first ten months, the world's second largest.

China's modest 2020 military budget growth is "reasonable and necessary" to address security issues both at home and abroad, while striking a balance with the nation's economic development, senior colonel Wu Qian, spokesman of the Ministry of National Defense, said on Tuesday.

China's financial services sector is seeing acceleration of opening-up, which will likely attract big names in the global securities industry, gradually reshaping the local securities landscape, experts said.

China's image is steadily improving on the world stage, with more developed countries recognizing its role in domestic and international affairs, according to a survey published on Friday.

China's nominal retail sales grew by 10.1 percent year-on-year in March, beating economists' expectation and underscoring the country's resilient domestic consumption, official data showed on Tuesday.