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China's economic fundamentals, he said, are sound and its financial risks are generally controllable. "The Chinese economy has entered a phase of high-quality development, with a stable international balance of payment and generally balanced cross-border capital flow."

China's current account surplus fell by around 1 percentage point to 0.4 percent of gross domestic product (GDP) in 2018 and it is projected to remain contained at 0.5 percent of GDP in 2019, the report noted.

China's imports of gas currently account for more than 30 percent of domestic consumption, and the figure is expected to continue growing, she said.

China's express giants are ambitious to add more freighters to expand air route networks and industry-related facilities.

China's imports of agricultural goods declined by 4.5 percent to 1.6 billion in 2016, according to official statistics, and its annual trade deficit declined by 16.5 percent to .6 billion. That year, the country was 84.2 percent self-sufficient with grain, 6 percentage points higher than in 2015.