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China on Thursday vowed to fight "till the very end" if the Untied States insists on unilateralism and trade protectionism.

China unveiled on Friday a guideline to help deepen integration of advanced manufacturing and the modern services sector, a key move to accelerate industrial upgrading and foster high-quality development, according to the country's top economic regulator.

China sold 10.39 million used cars last year, equivalent to 37 percent of total new car sales in the year while in developed markets such as the United States, they are usually more than double those of new cars.

China will continue to expand opening-up in these areas and its cooperation with foreign countries and partners in such areas will only expand, he said.

China should continue to reduce excess capacity, curb credit, lower debt leverage in the corporate sector and reform state-owned enterprises, said Sudhir Shetty, chief economist of the World Bank's East Asia and Pacific Region.