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China's development experience is relevant to Africa, he said, adding that having been at a similar development point in history gives a lot of developing and emerging economies in Africa hope for transformation and innovation.

China's express delivery business soared from 3.67 billion packages in 2011 to 63.52 billion units in 2019, a compound annual growth rate of 42.82 percent. The figure stabilized to 22.05 percent growth in the first half this year with 33.88 billion parcels delivered, according to data published by the State Post Bureau of China.

China's consumer inflation target set for the last year was at 3 percent. The consumer price index rose 2.1 percent year-on-year in 2018, up from 1.6 percent in 2017.

China's economy expanded 6.2 percent in the first three quarters, within the government's annual target of 6 to 6.5 percent.

China's list contains 128 products across seven categories, according to the Ministry of Commerce. The list also includes two different tariff levels — 15 percent and 25 percent.