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China is ASEAN's main economic partner, especially at a time when developed countries are suffering from a notable downturn, and the nation remains a strong market for ASEAN countries, said Li Yong, vice-chairman of the expert committee of the Beijing-based China Association of International Trade.

China has pledged to reciprocate the US tariff moves with duties on an equivalent value of US products.

China is leading the pace in global consumer market recovery, with online consumption growing and offline channels starting to rebound in full momentum, thanks to the successful control of COVID-19 across the country, a Nielsen report said on Friday.

China is mulling to set up a financial court in Shanghai to effectively handle a rise of disputes and to provide a better business environment for investors from home and abroad, a draft said.

China has set 2020 as the target year to complete the building of a moderately prosperous society, and eradicating poverty.