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China's GDP growth rate in 2017 is expected to reach 6.9 percent, said Premier Li Keqiang at the second Lancang-Mekong Cooperation leaders' meeting on Wednesday.

China's "big three" State-run carriers - Air China Ltd, China Southern Airlines Co and China Eastern Airlines Corp - were considering joint action to seek compensation from Boeing for the disruption caused by the 737 Max groundings, Bloomberg reported last week, citing sources familiar with the matter.

China's Ambassador to India, Sun Weidong, says China and India "should be partners rather than rivals", and he has called on the two countries to put their relationship back on the right track.

China will give carmakers and the market a larger say in developing the new energy vehicle sector as part of its efforts to improve the sector's long-term competitive edge.

China will establish systems to subject such violators to more severe punishment, including hefty fines and compensation for consumers, Zhang Mao, minister in charge of the State Administration for Market Regulation, said. Violators will have all fake or substandard products identified, confiscated and destroyed, he said.