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China faces some headwinds for growth next year, such as downward pressure from an easing real estate sector, shifting of the policy focus to quality of growth, financial regulatory tightening and fallout from China-US trade disputes, said Chen Xingdong, chief economist at BNP Paribas China.

China had donated about 100 prefabricated houses for conflict-displaced people in Rakhine state in early January this year.

China has long called on the US to loosen and lift its restrictions on US high-tech exports to China. The US has not only failed to address it effectively, but rather moved in the opposite direction with more discriminative policies against China, both in trade and investment.

China has grown by an average of almost 10 percent per annum since the adoption of the reform and opening-up policy almost four decades ago. The results are spectacular: from the rise of China to the second-largest economy in the world to millions of people coming out of poverty.

China has been going full steam to broaden its market access for years, with implementation of a slew of measures.