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China has set an inflation control target of 3 percent for this year. But even if it reached 3 percent in September, the average reading for the whole year would still be lower than 3 percent given the lower readings in previous months. Moreover, core inflation, which excludes highly volatile energy and food prices, remains stable at low levels, making it almost impossible for authorities to tighten monetary policy, analysts said.

China has the largest number of unicorn startups outside the United States, with four Chinese companies rounding the top 10 globally in terms of valuation, a report said.

China invested 7.7 billion in developing renewable energy, ranking it first in the world for six consecutive years. Its renewable power installed capacity reached 650 million kilowatts in 2017, accounting for 30 percent of the world's total, according to Xie.

China has recently vowed to establish a "dual circulation" development pattern, in which domestic and foreign markets complement and reinforce each another, with the domestic market as the mainstay, aiming to build up resilience with better domestic development and wider opening up against headwinds in the external environment. The country's enormous market is pivotal to this development pattern, with the booming "holiday economy" being a manifestation of the strategy.

China has provided support to the international community within its capacity while ensuring its domestic epidemic control and prevention work, said Jin Junhao, an official with the Civil Aviation Administration of China.