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China's express business has remained the top of the world after it surpassed the US in 2014. At the end of 2018, the number of express delivery rocketed to 50.7 billion from 1.53 million in 1988.

China's major stock indices ended higher on Monday, with the benchmark Shanghai Composite Index up 2.57 percent at 2,654.8 points.

China's finance ministry said Tuesday that raising funds was not the main purpose of the offering as China sees sustained economic growth and ample foreign exchange reserves.

China's consumer price index, a primary barometer of inflation, rose by 2.2 percent year-on-year in November, down from 2.5 percent in October, the National Bureau of Statistics said on Sunday.

China's economic transformation will continue to drive domestic demand and market expansion. For the United States, China is a great investment market which is still expanding, Wang said.