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Chinese Foreign Minister Wang Yi answers questions on China's foreign policies and foreign relations at a press conference on the sidelines of the first session of the 13th National People's Congress in Beijing, capital of China, March 8, 2018. (Xinhua/Xing Guangli)

China's rising investments in Russia as well as bilateral cooperation in fields including energy and aerospace also contributed to the trade expansion, according to Gao.

Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, shakes hands with military veterans and ex-officers at a festive art performance held for them in Beijing, capital of China, Jan 13, 2017. Xi on Friday extended Spring Festival greetings to military veterans. [Photo/Xinhua]

China's real estate sector has been expanding at a slower pace in recent years due to government control measures. Property sales grew 12.1 percent year-on-year to 12.95 trillion yuan in the first 11 months of 2018, down 0.4 percentage points from a year earlier.

China's service industry contributed 59.4 percent of national economic growth, according to the National Bureau of Statistics.