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China's new economic development pattern of "dual circulation" relies on domestic circulation to drive its international circulation and promotes deeper and wider opening-up, experts said on Tuesday.

China's overall debt-to-GDP ratio -- the macro leverage level -- had dropped to 249.4 percent by the end of 2018, 1.5 percentage points lower than a year earlier, as the authority has tightened financial regulations and cracked down on shadow banking, said governor of the central bank Yi Gang at a news conference during the 13th National People's Congress.

China's commitment to sustainable investments made it a leader in green finance. For instance, in 2016, labelled green bonds issued in China reached a whopping 205.2 billion yuan (.6 billion), making China the world's largest issuer of green bonds, which accounted for 40 percent of green bonds issued globally.

China's job market continued its upward trend in the third quarter thanks to robust economic growth, according to a recent report by recruitment website Zhaopin.

China's economy expanded 6.9 percent in the first quarter, above the full-year target of 6.5 percent and the 6.8-percent growth in the fourth quarter of 2016. For the first four months, fiscal revenue, a gauge of the government's ability in macroeconomic regulation, jumped 11.8 percent, compared to 8.6 percent for the same period last year.