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China's large, high-tech manufacturing companies and its research and development expenditures increased rapidly from 2013 to 2018, laying solid groundwork for the country's pursuit of high-quality development, the fourth national economic census showed on Wednesday.

China's interbank treasury bond index in net price opened at 994.64 points Monday, up from the previous close of 991.61 points. [Photo/Agencies]

China's development path of socialism with Chinese characteristics is selected by history and the people, Xi said, adding that the 1.3 billion Chinese people's livelihoods have been continuously improved in recent decades.

China's economy, the world's second largest, grew 6.6 percent year-on-year to reach 90.0309 trillion yuan (.28 trillion U.S. dollars) in 2018, above the official target of around 6.5 percent, according to data issued by the National Bureau of Statistics (NBS) on Monday.

China's online retail revenue reached 2.2 trillion yuan in the first quarter, down 0.8 percent year-on-year, according to the National Bureau of Statistics. Products sold online accounted for 23.6 percent of China's total consumer product consumption, 5.4 percentage points higher from the same period of last year.